Dan Bin: Has established a position in Circle
Gelonghui, May 8 — Well-known investor and Dongfang Harbor Chairman Dan Bin stated on Weibo on May 5 that, based on strong recommendations from researchers, he has taken a position in Circle Internet Group (CRCL.US). Dan Bin believes that one of the core catalysts for this price surge is the anticipated key progress of the U.S. CLARITY Act. The act is regarded as an important legislative branch that will promote the implementation of a regulatory framework for crypto, potentially helping to ease long-standing regulatory uncertainty in the industry and opening up long-term growth opportunities for compliant stablecoin leaders such as Circle. According to Dan Bin, Circle’s core business is entering a period of explosive growth, with the circulation of its issued USDC surpassing 79 billion USD, reaching a record high. With the increase in interest income from reserve assets, the company has a clear profit outlook for Q1 2026, and its business fundamentals continue to strengthen.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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