Recently, many private messages have asked me about the news of CRCL executives selling shares. I’ve already written extensively about CRCL before—I’m tired of hearing it myself, so I won’t respond further unless there’s a genuinely new logic. I believe that when we look back at this crypto bull market at its peak, CRCL and stablecoins will seem like the most obvious opportunity that was right in front of us. If you’re not bullish on stablecoins, you likely don’t truly understand the real-world applications and value of RWA. Forget payments, U.S. Treasuries, funds, forex, or even crypto-native growth areas like prediction markets and perpetuals. Just consider tokenization of U.S. equities alone: today, the total market cap of U.S. stocks is roughly $75 trillion. These assets currently sit idle in users’ Robinhood and other brokerage accounts. By tokenizing them on-chain, they can be collateralized, lent against, and leveraged using DeFi infrastructure—something traditionally done only by investment banks through complex products and intermediation. Now, it’s just a smart contract plus a frontend. Even if only 5% of U.S. equities are tokenized—ignoring derivatives and layered liquidity effects—the tokenized value alone would reach $3.75 trillion, roughly 12 times the current total supply of stablecoins. The market for U.S. equity tokenization is already growing at double-digit rates monthly, proving demand is real. To make an informed investment decision, you must anchor yourself in the core thesis of this mega-trend. Borrowed beliefs won’t help you hold through volatility. Things like moats, interest rate cycles, OUSD competition, or executive share sales are noise—if they’re distracting you, it likely means you don’t truly believe in the thesis. (Ask your AI: what percentage of CRCL’s total shares did executives actually sell, and how? Compare that to MAG7, Tesla, Coinbase—you’ll quickly dispel the FUD.)