How long can stablecoins last for USDC to remain stable in the future. USDC profits plummet? Circle can't stand it anymore! Coinbase makes a lot of money. but USDC is losing blood? How long can stablecoins last? Circle is in profit crisis

Family members, something happened to USDC again! Recently, Ruisui Securities released an analysis report focusing on the profitability of the stablecoin issuer, Circle. What does it mean? It is this guy who sent USDC with Coinbase, who may be making less and less money! Why do you say that? On the one hand, Coinbase just released its Q2 financial report. Although its profit soared to US$1.43 billion, its transaction revenue plummeted by 39% month-on-month! What's the meaning? With fewer user transactions and less popularity, the demand for USDC will naturally shrink. Circle lives by relying on the reserve assets in its hands to earn interest. If the market is inactive and no one uses USDC, its net profit margin will be "compressed and compressed"**. In addition, the distribution cost is also rising. In the past, Circle basically relied on Coinbase to help promote, but now it still has to provide distribution on other platforms such as Binance. It sounds like expanding the market, but in fact it is - "work more and spend less money." #Cryptocurrency#tether #USDT #BitTrade Rises#Yiyingbao#Bonnie Blockchain#chip War#chip War#blockchain#crypto#bitcoin#crypto#cryptocurrency#blockchain#ethereum#solana#forex#trading#money#cryptotrading#bitcoinmining#cryptonews#cryptocurrencies#investing#investing#investment#bitcoins#eth#invest #pumpfun#business#entrepreneur#binance#futures#investor#investor#investor#investor#investor#investor#investor#stablecoin#Uniswap #Virtual Currency#Virtual Currency#cryptocurrency#sandbox #Bitcoin#Bitcoin#k-line#k-line#mining #pow #poh #pos #contract trading#contract trading#virtual currency contract#virtual currency contract#FED #rate hike#rate interest rate hike#spot#Binance#liquidation#aave #sec #usdc #shibainu #pepe #xrp #stablecoin #tesla #musk#musk#aapl #faang #alibaba #Alibaba#microstrategy #vGod#Ethereum market real-time#ethereum market real-time#ethereum market real-time#ethereum market real-time#ethereum market #stock market #Feing#Feing#USD #usdollar #QE #Quantitative easing#Quantitative easing#Quantitative tightening#Quantitative tightening#Money policy#DAI #busd #bnb #tron #FTX bankruptcy#FTX bankruptcy#sbf #ledger #coldwallet #gbtc #grayscale #cpi #dogecoin #cardano #solana #czbinance #atom #matic #adcardano #ledger #aptos #shib #bitcoinhalving #chatgpt #chatgpt #openai #ai #howtobuybtc #staking #staking #jumptrading #jumpcrypto #short #QT #Zhao Changpeng #Zhao Changpeng #GaryGensler #ETF #LarryFink #Blackstone #Taipei House Price #Taipei House Price #Taipei House Price #Taipei House Price #Taipei #Taipei #Buffett Stock #Value Investment #Value Investment #Option Right #Liquidation #sol #ftt #sambankmanfried #btcetf #bitcoinspotetf #bitcoinspotetf #bitcoin spot etf #bitcoinspotetf #bitcoinetf #blackrock #BlackRock #BlackRock #BlackRock #BlackRock #BlackRock #U.S. bonds #U.S. bonds #U.S. bonds #U.S. bonds #U.S. bonds #Treasury #Taiwan has money #Taiwan has rich #rich #rich #tokenomics #Token Economy#Token Economy#Economy#Bitcoin Half#Bitcoin Half#Bestcrypto #okx#Ouyi#Ouyi#Paiwang#Paiwang#Paiwang Discount#Paiwang Discount#Binance Discount#Binance Discount#okx Discount#okx Discount#cryptobull#cryptocurrency bull market#cryptocurrency bull market#Messari #financialfreedom #Buffett shareholder#Buffett shareholder#warren Buffett#Grahan#Grahan#cigarbutt #cigarbutt #cigarbutt #snowball#snowball#buffett#buffett snowball#buffett#buffett snowball#buffett#buffett snowball#buffett#rich people thinking#rich people thinking#wealth freedom#wealth freedom#passive income#brc20 #inscribe#sats #crypto2024 #Invest in cryptocurrency#howtoinvestcrypto #altcoin #altcoin #altcoin #memecoin #memecoin #solana #US stocks #US stocks #ai concept stocks #nvidia #faang #faang #magnificent7 #tech stocks #tech stocks #artificial intelligence concept stocks #artificial intelligence concept stocks #wafer stocks #semiconductor #sec.com #TSMC #TSMC #TencentMin #deeplearning #machinelearning #openai #chatgpt #ETHetf #How to buy Bitcoin #How to buy Bitcoin #microstrategy #jensenhuang #nvidia #gpu #GTC2024 #Huang Renxun#Huang Renxun#blackwell #bitcoinhalvening #googleio #googleiolive #google #googleai #gemini #geminigoogle #gemini #chatgpt4o #aiwoman #ruisui pointed out directly: Circle's profit margin may continue to decline. This is not groundless, even JPMorgan Chase said that the USDC business model is becoming increasingly difficult in the current market environment. So how big is the impact? 1. If Circle's profits really decline too much, it will affect investors' confidence and may even affect its future listing or valuation; 2. For USDC users, if the issuer does not manage well, the "stability" of the stablecoin will be questioned; 3. Coinbase itself has also suffered, and the stock price plummeted 7% as soon as the financial report was released, and the market began to become a little uneasy about it and the USDC line. To sum up: The surface is financial report, but behind it is a question of confidence; it looks like a decline in profits, but in fact it is the magnification of the track's risks. It’s right to win while maintaining stability, but in the investment circle, the most feared thing is that profits are gone and expectations are collapsed. Therefore, friends who want to get on USDC-related projects or Circle ecosystems are advised to keep paying attention: to see if the market popularity is recovering, to see whether Circle can handle new distribution routes, and to see if there are new changes in the policy. Don’t forget that stablecoins are not iron rice bowls, and there is also the *"unstable" business model** behind it. Do you think USDC is still reliable? Welcome to chat in the comment section.