CRCL froze over $800M in stablecoins following a $6.3B security breach at Binance. $IBIT Circle shares fell 5.6% in after-hours trading as investors weighed contagion risk across…
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$CRCL froze over $800M in stablecoins following a $6.3B security breach at Binance. $IBIT Circle shares fell 5.6% in after-hours trading as investors weighed contagion risk across crypto infrastruct…
$CRCL froze over $800M in stablecoins following a $6.3B security breach at Binance. $IBIT Circle shares fell 5.6% in after-hours trading as investors weighed contagion risk across crypto infrastructure. Circle: P/E = 44x Revenue growth = 37% Valuation grade = C- Total cash = $1.73B Short interest = 14% Earnings on Wednesday, November 4, will test whether Circle's reserve model can maintain market trust. Seeking Alpha Quant Rating for Circle: Hold. Does Circle's reserve model hold up under stress?
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