
Circle president backs USDC as new rival pressures CRCL stock
Circle President Heath Tarbert has defended the company’s long-term strategy after Circle shares fell sharply from their post-IPO peak. Speaking in a July 14 interview with FOX Business, Tarbert said management remains focused on building financial infrastructure rather than reacting to short-term moves in the stock. The interview came as Circle faced growing investor concern over competition in the stablecoin market. CRCL had traded near $260 after its public debut before falling toward the low $60 range. Tarbert said Circle is “playing the long game” and argued that successful execution would eventually support shareholder value. Tarbert points to $USDC network…








