[Coin World][Airwallex CEO: It’s Time to Short Circle] Jack Zhang, co-founder and CEO of the corporate payment and financial platform Airwallex, stated: It’s time to short Circle. Jack Zhang had previously expressed doubts about the practicality of stablecoins in mainstream currency cross-border transactions, stating that he questioned the practicality of stablecoins in mainstream currency cross-border transactions. Data from U.S. stock trading shows that Circle’s stock price rose to over $210 at one point this week, achieving a nearly 40% rise in a single day, with a market capitalization exceeding $48 billion.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Airwallex CEO questions the practicality of stablecoins and calls for shorting Circle.
[Coin World][Airwallex CEO: It’s Time to Short Circle] Jack Zhang, co-founder and CEO of the corporate payment and financial platform Airwallex, stated: It’s time to short Circle. Jack Zhang had previously expressed doubts about the practicality of stablecoins in mainstream currency cross-border transactions, stating that he questioned the practicality of stablecoins in mainstream currency cross-border transactions. Data from U.S. stock trading shows that Circle’s stock price rose to over $210 at one point this week, achieving a nearly 40% rise in a single day, with a market capitalization exceeding $48 billion.