Reported 2 days ago
Jim Cramer has raised concerns regarding Circle Internet Group (NYSE:CRCL), which has seen a significant 129% increase since its IPO due to interest in stablecoins. Despite its current popularity, Cramer questions the company's proprietary technology, suggesting that anyone can create a stablecoin, and expresses skepticism about its long-term competitive advantage in a potentially overcrowded market.
Source: YAHOO