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Cathie Wood Defends Circle, USDC Issuer, After 42% Stock Drop
COINOTAG·August 23, 2026·1 min read
Cathie Wood defended Circle, the USDC issuer, after its stock dropped 42%, arguing that technology, not analysts, will drive payments. ARK holds 3.93 million Circle shares valued at $329 million. Wood's comments come amid market concerns, but she remains confident in the company's tech-driven future.
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