Stablecoin Shock: Circle Slammed With ’Sell’ Rating as Trump’s Crypto Bill Rattles Markets
Compass Point just threw a grenade into crypto markets—downgrading Circle to 'Sell' after President Trump's stablecoin legislation hit the books. Here's why the dominoes are falling.
Wall Street's crypto cold feet
Analysts are scrambling after the bill's signing, with Circle taking the first hit. The stablecoin giant—once a darling of institutional crypto—now faces a brutal reassessment as regulators tighten the screws.
Trump's law: Protection or power play?
The new legislation claims to 'protect consumers,' but whispers in D.C. suggest it's really about bringing decentralized finance to heel. Either way, compliance costs are about to rocket—and Circle's bottom line looks vulnerable.
Meanwhile in TradFi land...
Bankers are quietly cheering from their mahogany desks. Nothing makes legacy finance happier than watching crypto innovators get bogged down in red tape—unless it's charging 2% management fees for the privilege.
The verdict? Circle's stumble might be crypto's canary in the coal mine. When the stablecoin leader wobbles, the whole ecosystem feels the tremor.
