Circle Jerk Nearly Over

Bessent wants you to think the stablecoins are going to be the cure for our $38 trillion of national debt. Uh-huh. I’ll just mention that Circle Internet (CRCL), which is all about stablecoins, is down 75% from its recent lifetime high.

Oh, and while we’re peeing in crypto’s face, here’s your Strategy (MSTR) update, down 65% from last November.