Study $CRCL pivot > 2013 founded > 2014 launch Circle pay, early BTC wallet > 2017 launch OTC desk, top desk by volume > 2018 launches USDC with Coinbase > 2018 acquire Poloniex for $400mm at top > 2018 market crashes! > 2019 sell Poloniex for $250mm ($150mm loss!) > 2019 sell OTC desk to Kraken; go all in on stablecoins! > 2020 USDC MC ends year ~$4B MC > 2021 SPAC for $4.5B > 2022 SPAC called off due to market conditions > 2022 USDC ends year at ~$40B MC > 2025 $CRCL IPO for $7B, rips up to highs of $57B Stay in the game long enough and you'll win
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