Svmuu News: Jason Huang, founder of NextGen Venture (NDV), posted that his firm had previously successfully issued an early warning about the risk of a pullback in Strategy (MSTR), and is now taking the opposite approach by adding Circle (CRCL) to its watchlist to seek opportunities amid bearish market sentiment.
Jason Huang analyzed that Circle’s stock price fell by approximately 14% yesterday amid concerns over intensified competition following the joint launch of Open USD by multiple financial institutions. However, he noted that this logic has been misinterpreted by the market: the joint entry of large institutions will not shrink the stablecoin market; rather, it may expand the overall “pie.”Currently, the total global market capitalization of stablecoins is only about $317 billion, and the industry remains in its early growth stage. Historical experience shows that payment and financial projects jointly promoted by multiple parties often fail due to misaligned incentives—as seen with Libra, for example—so in the long term, this may not necessarily alter the core competitive landscape.
Jason Huang revealed that Circle has been included as one of the few tradable U.S. stock securities in the stablecoin sector. Although he has not yet provided a specific target price or plans to build a position immediately, he stated that he will closely monitor its quarterly performance and changes in fundamentals.