Rate Cuts Pose Challenges for Stablecoin Issuers Like Circle

Interest rate cuts could significantly impact Circle’s annualized revenue, with estimates suggesting a potential reduction of over $600 million. Analyst TheOneandOmsy on X claims that a 100 basis point (bps) cut could slash Circle’s run rate gross revenue by $618 million, representing a 23% decrease, and gross profit by $303 million, or 30%, with margins

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