PANews reported on May 5th that Dan Bin, a well-known investor and chairman of Oriental Harbor, stated in a Weibo post that, due to a researcher’s strong recommendation, he has established a position in Circle Internet Group (CRCL.US). Today, CRCL surged during intraday trading, at one point rising over 16%.
Dan Bin believes that one of the key catalysts for this rise is the imminent key progress of the CLARITY Act in the United States. This act is seen as an important legislative branch for advancing the implementation of crypto regulatory frameworks, which may help alleviate long-standing industry regulatory uncertainty and unlock long-term growth space for compliant stablecoin leaders like Circle.
Dan Bin also believes that Circle’s core business is entering an explosive phase, with the circulation of its issued USDC surpassing $79 billion, a new all-time high. As interest income from reserve assets grows, the company’s earnings expectations for the first quarter of 2026 are clear, and the business fundamentals continue to solidify.
