Circle is indeed profitable, but a price to earnings ratio of 145 times is also too exaggerated. Firstly, its growth is quite average. In the previous round, the market value of stablecoins reached as high as 17 billion, but now it is only 60 billion Secondly, he clearly lost to USDT in terms of market share Income may increase rapidly, mainly due to the Federal Reserve raising interest rates. There will definitely be a scenario of interest rate cuts in the future, which means that Circle's income will decrease. Are you guys happy 😂