Circle jumps 40 places on the Roundtable 100 after $73.3B milestone

Circle has surged 40 places to No. 31 on the Roundtable 100, yet its massive $22 billion valuation rests on a volatile foundation: interest rates. Because Circle generates the bulk of its revenue by investing USDC reserves into U.S. Treasury bills, a pivot in Fed policy could gut its income overnight. Can a company truly be a top growth asset when its success depends more on central bank decisions than its own innovation? Or is Circle just a bank in crypto clothing? What’s your take?
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