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Likes ReceivedThe performance-worriers are right😎
Although CRCL's earnings report showed rapid revenue growth, profits declined significantly, mainly because too much money was distributed to Coinbase for stablecoins. Circle's contract with Coinbase is about to expire. If it is changed to a distribution contract with lower fees, profits will increase, and there will also be additional issuance🥲
$Circle(CRCL.US)$Robinhood(HOOD.US)$Coinbase(COIN.US)
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