Circle Internet Group, Inc. stock forum
What this means:
Circle wants a trust charter to manage its own reserves and keep more profits. Right now, they share revenue with custodians like BNY Mellon or BlackRock for handling their T-bills and deposits. With a trust charter, Circle can do this themselves, cutting out the middleman. When you’re managing billions in stablecoin reserves, even small percentages add up fast. It’s a smart move to control their entire process and maximize profits, like a classic business strategy seen in maturing industries.
Interesting for sure! Let’s see how this plays out
Total Shares Traded: 42.88m
Shorted: 5.9m (13.76%)
