Bitwise Research Head Sees Circle as Underestimated

August 10, 2026 · Markets · CryptoRefuge Team

Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure. The stablecoin market is expected to reach trillions in size, according to Rasmussen.

The stablecoin market's growth is driven by increasing demand for stable and reliable digital currencies, with Circle's payments infrastructure providing a secure and efficient way for users to transfer and manage their stablecoins.

Trillions in market size is the expected value of the stablecoin market, according to Ryan Rasmussen, Head of Research at Bitwise.

"investors are underestimating Circle" — Ryan Rasmussen, Head of Research, Bitwise Rasmussen's statement highlights the potential for Circle's stock price to increase due to its underestimation by investors. As the stablecoin market grows, Circle's role is likely to become more prominent, leading to increased investor interest and potentially higher stock prices.

The growth of the stablecoin market is a significant trend that is likely to continue, with companies like Circle well-positioned to benefit from the increasing demand for stable and reliable digital currencies. Multiple factors influence the digital assets market, but this trend is likely to persist in the near future.

Analysis: If the stablecoin market reaches its expected size, Circle's stock price may increase significantly due to its role in this market. A break above the current stock price level would signal a potential trend reversal, with Circle's stock price potentially reaching new highs. The market will be watching Circle's stock price closely, as the company continues to build out its payments infrastructure and the stablecoin market grows. A key level to watch is the current stock price, as a break above this level would signal a potential trend reversal.