Circle Could Double To $75B By 2030 Despite 20% Stock Crash, Says Bitwise's Matt Hougan

Circle Internet Group (NYSE:CRCL) could reach a $75 billion valuation by 2030 despite Tuesday’s 20% crash on Clarity Act news, according to Bitwise CIO Matt Hougan’s analysis.The $75 Billion MathHougan’s valuation model uses three key assumptions: stablecoin market size, Circle’s market share, and revenue margins. Citigroup (NYSE:C) forecasts the stablecoin market will grow from roughly $200 billion today to $1.9 trillion by 2030.Hougan assumes Circle maintains this 25% share, giving the company control of ...