Finst

Stablecoin News

Bitwise Says Circle Is Undervalued as Stablecoins Grow

Bitwise Says Circle Is Undervalued as Stablecoins Grow

Rasmussen says USDC and the Circle Payments Network show stablecoins are becoming more than just a token. He argues that market growth and tighter U.S. rules could strengthen Circle’s role in infrastructure.

Stablecoins are cryptocurrencies designed to maintain a stable value.

Stablecoins are usually pegged to a fiat currency such as the U.S. dollar or the euro. They are often used to move value quickly, trade, or temporarily step out of volatility.