PANews reported on May 5th that Dan Bin, a well-known investor and chairman of Oriental Harbor Investment Management, posted on Weibo that he had allocated a portion of his portfolio to Circle Internet Group (CRCL.US) based on strong recommendations from analysts. CRCL saw a significant intraday surge today, rising over 16% at one point.

Dan Bin believes that one of the core catalysts for this surge is the imminent key progress of the US Clarity Act. This act is considered an important legislative branch pushing for the implementation of a crypto regulatory framework, which may help alleviate long-term regulatory uncertainty in the industry and open up long-term growth opportunities for leading compliant stablecoins like Circle.

Dan Bin believes that Circle's core business is entering a period of explosive growth, with its USDC circulating supply exceeding $79 billion, a record high. With increasing interest income from reserve assets, the company's profit forecast for the first quarter of 2026 is clear, and its business fundamentals continue to be strengthened.