Phyrex
Phyrex|Jun 06, 2025 18:41
To be honest, it's really like this. I dare to buy BTC worth $100000, but I can't buy CRCL worth $100. In fact, sometimes I make a subjective mistake. I don't think stablecoins make as much money as PayPal. Although they can be used as a market value for speculation, PayPal itself is a payment company that has already connected a large number of e-commerce, cross-border and offline payments. It took a long time to launch PYUSD. Moreover, even though PYUSD has been launched for over a year, it has not been strongly promoted by PayPal. Although Circle is the closest stablecoin to US compliance, PYUSD is actually backed by US dollars and US bonds, and there is no problem with its composition. Although PYUSD cannot catch up with USDC in terms of trading, Circle is still a child compared to PayPal in the payment field. So this kind of understanding makes it difficult for me to make a move on CRCL at this price. It's really like what Uncle Cat said. This mentality is the same as how the leeks in the cryptocurrency industry dare to buy Bitcoin when it's over $100000.
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