Circle Internet Group (NYSE:CRCL) could reach a $75 billion valuation by 2030 despite Tuesday’s 20% crash on Clarity Act news, according to Bitwise CIO Matt Hougan’s analysis.

The $75 Billion Math

Hougan’s valuation model uses three key assumptions: stablecoin market size, Circle’s market share, and revenue margins. 

Citigroup (NYSE:C) forecasts the stablecoin market will grow from roughly $200 billion today to $1.9 trillion by 2030.

Hougan assumes Circle maintains this 25% share, giving the company control of about $475 billion in stablecoins by 2030.

Circle earns interest by investing customer deposits into U.S. Treasuries, which currently pay around 4%. 

However, the company pays…

Read more on Benzinga