Today we happened to discuss this topic. Although the Federal Reserve is currently in a rate-cutting cycle, it can be expected that there may only be limited rate cuts in 2025, and even in 2026, the decline in interest rates will be very limited without triggering an economic recession. This presents the best opportunity for Circle, as it can still ensure that T-Bills maintain an interest rate of 4.5% when they are listed in April or May.

Moreover, if we do not quickly enter a rate-cutting phase, the yield in 2025 is likely to remain around 4%. The financial report for the first quarter after listing should not be bad. However, if the situation continues to drag on, there may not be a better listing opportunity before 2030. After all, once interest rates return to 0, the interest rate on T-Bills will be below 1%, or even lower.

For Circle, 2022 was originally planned as the year for listing, but the collapse of Silicon Valley Bank dealt a significant blow to Circle. Later, it was the recovery of the market and deeper cooperation with Coinbase that helped Circle regain development opportunities. However, 2023 and 2024 are not suitable for listing, as financing is too difficult.

By 2025, the biggest turning point will be that the U.S. will prioritize stablecoins as the preferred solution in the cryptocurrency field. Circle has seized two major opportunities: one is compliance with Europe’s MiCA, which perfectly replaces USDT, and the other is the collaboration with Binance, which increases the use cases for USDC (LaunchPool). This also provides Circle with the best opportunity for listing.

Almost everyone knows that Circle's listing opportunity is before Q3. Although it will be possible to buy after Circle goes public, the performance in 2026 will definitely see a significant decline compared to 2025. Therefore, my plan is to see if I can buy at a low price when the market opens. If not, I will wait to buy after the decline in 2026.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。