Dan Bin: Already invested in Circle, optimistic about its valuation reshaping as a "Web3 + AI infrastructure target"
According to ChainCatcher, Dan Bin's analysis points out that the core catalyst for this round of price increases is key progress in the US "Clarity Act". The Senate has reached a compromise on stablecoin regulatory provisions, clearing the main obstacles to advancing the legislation and opening up long-term growth opportunities for compliant stablecoin leaders like Circle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
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