
Eight weeks after the chart: Circle now trails both networks. Since 19 Aug: @Visa +10.1%, @Mastercard +7.6%, @circle +4.6%. S&P flat. Visa at a 1Y high. This week shows how Circle trades. Oct 15: +9% with no news. Oct 16: Circle announces USDC payments into 40 emerging markets - stock closes -5.5%. The stock trades on rates and regulation, not on operating news.
