Bitwise Sees $75B Valuation for Circle by 2030

TLDR Circle shares fell about 20% after reports linked draft legislation to limits on USDC incentives. Bitwise projected that Circle could reach a $75 billion valuation by 2030 despite the recent selloff. Analysts said the Clarity Act would not materially change the long-term outlook for Circle. Citigroup estimated the stablecoin market could grow to $1.9 [...]

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