Peter Schiff Slams Circle’s Stock After 32% Drop in Recent Months

TLDR

• Peter Schiff criticized Circle’s stock performance after a sharp decline in value.
• Circle’s stock surged by 1,000% following its June 2025 IPO before falling sharply.
• By November, Circle’s stock had dropped 32% to $86.3.
• Peter Schiff warned that investors who do not sell soon could face losses.
• Despite USDC being backed by real dollars, Schiff remains skeptical about its viability.

Peter Schiff has recently criticized Circle’s stock, which is tied to the USDC issuer, following a drastic price drop. Circle’s stock (CRCL) initially soared after its June 2025 IPO, but its value has fallen sharply in recent months. Schiff, known for his criticism of the cryptocurrency market, views this as a reflection of a broader trend.

Circle’s Stock Surge and Fall

Circle’s stock drew significant attention after its June 2025 IPO, initially trading around $300 per share. The stock surged by 1,000% from its IPO price, driven by optimism surrounding the company and the cryptocurrency market. However, within four months, the stock faced heavy selling pressure, causing a dramatic decline.

By November, the price of Circle’s stock had dropped to $86.3, with the most severe drop occurring in November. This represents a 32% loss from its high. As the market for digital assets has faced significant challenges, Circle’s stock price decline mirrors broader struggles in the sector.

Peter Schiff’s Warning on CRCL Stock

Peter Schiff has used Circle’s stock as an example of why he believes the cryptocurrency market is doomed. He pointed out that even with a 150% gain for early IPO investors, the stock’s recent decline suggests trouble ahead. Schiff argues that investors who hold the stock might soon be facing losses if they don’t sell soon.

In his latest commentary, Schiff did not provide specific reasons for his prediction. However, his views are consistent with his long-standing skepticism toward digital assets. Despite USDC being backed by real dollars, Schiff remains unconvinced about its long-term viability.

Schiff has frequently criticized the crypto market as a speculative venture, with few assets offering real value. He believes that many digital assets, including USDC and its associated stock, are part of an unsustainable financial bubble. For Schiff, the recent downturn in Circle’s stock is further proof that the cryptocurrency market is in decline.

As the price of Circle’s stock continues to fall, Schiff’s cautionary stance against crypto assets remains loud and clear. Investors will be closely monitoring Circle’s next steps as it navigates a challenging market.

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