In March 2026, Circle's stock price experienced a significant pullback due to expectations surrounding the "CLARITY Act," but Bitwise's Chief Investment Officer believes the market has misjudged. The core driving force behind stablecoins is payment efficiency. Bitwise predicts that by 2030, Circle's valuation could reach $75 billion. Despite increased short-term uncertainties, projects with strong compliance capabilities will benefit in the long run.

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