Should I Buy Circle? Finance YouTuber Analysis

The YouTuber is bullish on Circle, a stablecoin infrastructure company, seeing it evolve beyond crypto into a core financial infrastructure layer for the internet economy, especially with the rise of AI agents and machine-to-machine payments. He highlights its compliant approach, strong growth in USDC circulation and transaction volume, and its ability to generate significant interest income from reserves. Despite its current high valuation, he believes the market is underestimating its future potential if stablecoin adoption continues to expand, potentially becoming a $500 billion company.

“Circle is no longer just a stable coin company, though, and that's why I'm so bullish. It's becoming one of the core financial infrastructure layers for the internet economy.”

The analyst suggests that Circle, as the USDC issuer, would also benefit from the proposed stablecoin act by not being able to pay out rewards, which would improve its economics. He views the current stock drop as a discount and a buying opportunity, despite acknowledging that Circle's ecosystem role is different from Coinbase's.

“As these stocks drop both short-term and over a little bit longer term, I think the valuation of these companies is getting pretty attractive.”

The YouTuber expresses strong interest in Circle's upcoming IPO, viewing it as a pure play on the stablecoin business with significant growth potential. He highlights its current valuation of approximately $5.5 billion, which translates to a P/E multiple of around 20 and a P/S multiple under 4-5, considering its 100% annual growth in stablecoin reserves. He believes it offers asymmetric upside and limited downside, especially given its solid cash flow generation and the expectation that stablecoin adoption and interest rates will remain favorable.

“I think this fits all the This creator criteria. Asymmetric upside, limited downside, and we already know a lot about the growth potential of this company.”