After Buying Circle Through a 42% Drop, Cathie Wood Says Analysts Cannot Fathom It

Cathie Wood Says Analysts Underestimate Circle vs Visa, Mastercard

Cathie Wood is telling Wall Street it has Circle wrong. The ARK Invest chief argues that the analysts covering Visa and Mastercard are underestimating how disruptive Circle’s stablecoin model could be to the payment networks they cover. Wood laid out the argument publicly, framing Circle not as a peripheral crypto company but as a direct challenger to the card-network status quo, in a post on X. For related coverage, see Cathie Wood's ARK Invest…

Cathie Wood says Visa and Mastercard analysts are sleeping on Circle's disruption

Circle's rise highlights the potential for stablecoins to disrupt traditional payment systems, urging a reevaluation of financial models. The post Cathie Wood says Visa and Mastercard analysts are sleeping on Circle’s disruption appeared first on Crypto Briefing.

After Buying Circle Through a 42% Drop, Cathie Wood Says Analysts Cannot Fathom It

Cathie Wood has kept buying Circle as the stock fell 42% in a year. On Sunday she said why. Wall Street analysts who built their careers on Visa and Mastercard, she argued, cannot understand the company. Circle issues USDC, a digital dollar backed by cash and short-term US government debt. Wood...