#稳定币市场动态 Recently, I noticed that the stock target price of Circle has been lowered to 70 USD by Mizuho Securities, which sparked some thoughts about the prospects of the stablecoin market. Although JPMorgan has an optimistic view on Circle, the risk points raised by Mizuho Securities are indeed worth paying attention to. Factors such as interest rate cut expectations, USDC growth slowdown, and rising distribution costs may adversely affect Circle's profitability.

This reminds us that even seemingly stable sub-markets have many uncertainties. As investors, we should remain vigilant and conduct comprehensive risk assessments. Do not put all your eggs in one basket; moderately diversifying your portfolio is a wise choice. At the same time, it is important to maintain long-term focus on the market; short-term fluctuations should not shake our investment strategy.

Overall, prudent investing requires us to remain rational at all times, neither blindly optimistic nor excessively pessimistic. Let us work together to protect our assets in a complex and ever-changing market.