Story perspectives

Hedge Fund Giants Shift from Palantir to Circle Amid Stablecoin Surge

11/23/2025

Summary

Story summary

In Q3 2025, hedge fund managers Israel Englander and David Shaw sold Palantir Technologies shares and bought Circle Internet Group.
Palantir's stock shows strong finances but faces bearish sentiment from a valuation of 102 times sales.
Circle Internet Group issues EURC and USDC and could benefit as stablecoin market grows toward $2 trillion.
Circle's payment network has attracted 29 financial institutions, with USDC circulation rising 40% annually, signaling demand.

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Story summary

In Q3 2025, hedge fund managers Israel Englander and David Shaw sold Palantir Technologies shares and bought Circle Internet Group.
Palantir's stock shows strong finances but faces bearish sentiment from a valuation of 102 times sales.
Circle Internet Group issues EURC and USDC and could benefit as stablecoin market grows toward $2 trillion.
Circle's payment network has attracted 29 financial institutions, with USDC circulation rising 40% annually, signaling demand.