The entire stock tokenization is grand in declaration but small in substance, it's quite difficult, takes a long time, and liquidity is also hard to manage.
Stablecoins are relatively stable, and within the coin stocks, stablecoins are the crown.
With trading volume in bulk listings, I feel it won't be particularly profitable because brokerage stocks are originally not highly valued.
Whether it's Coinbase or traditional brokerages, US stocks are not appealing.
The first market cap anchor for $crcl should be in the hundreds of billions, directly aiming at $mstr.