Wall Street expresses concern over Circle valuation

A meteoric rise for shares of stablecoin giant circle since their public debut in just early June, but some concerns in the street's first initiations of the name this morning. Tana McKiel here with that story. And I I am curious how they're valuing this company.Tana. Yeah, that's right Sarah. Deutsche Bank with a hold saying they see big potential for stable coins, but Circle is valuation rich for now and investors should wait.Similarly, at Goldman, a unique asset with a healthy growth outlook, but valuati ...