According to @ThinkingUSD, CIRC currently has a $20B market cap and $300M in revenue, but utilizes 0% of its revenue for buybacks. In contrast, HYPE features an $11B market cap, generates $800M in revenue, and allocates 97% of its revenue to buybacks, making it the largest USDC holder on-chain. This stark difference in token buyback strategies directly impacts token value accrual and liquidity, providing traders with critical insight into capital allocation efficiency and potential price support for each token. These metrics are essential for crypto investors tracking high-revenue, high-buyback projects and stablecoin on-chain dynamics (Source: @ThinkingUSD, Twitter, June 5, 2025).