CRCL Soars 15% as Circle Smashes Q2 Earnings – Crypto Giant Defies Market Skeptics
Wall Street blinked—and Circle just cashed in. The stablecoin powerhouse just dropped an earnings bomb that sent traders scrambling.
Beating the Street Like a Drum
CRCL shares ripped through resistance after posting revenue numbers that left analysts' targets in the dust. No guidance—just pure outperformance while traditional finance players keep pretending stablecoins are 'niche.'
The Institutional Floodgates Open
Whale-sized USDC adoption drove the surprise beat. Meanwhile, legacy banks are still charging 25bps for cross-border transfers that take three days. Wake up call, anyone?
One earnings report. One market-moving moment. And suddenly every suit on Wall Street remembers why they begged for crypto exposure last cycle. Funny how that works.
