I agree with what you said about skipping classes, and I am also starting to prepare to buy it. Coinbase's current market value is approximately $66 billion, of which approximately $900 million (14.6% of revenue) comes from earnings related to USDC. I personally estimate that Circle's independent valuation should be over $10 billion, and this is only calculated based on Coinbase's earnings, not including Circle's own earnings. Of course, the main source of income for CRCL now comes from US bond yields, and this portion of income will certainly decrease during periods of monetary easing. If we consider the compliance of US stablecoins, the premium for Circle should be higher. It will officially open on June 5th, depending on the opening situation.