2024
2024-06-15
SAID
Stated position
Circle publicly campaigned for the repeal of SAB 121 and for passage of the GENIUS Act stablecoin framework, both of which materially expand its addressable market.
2024-06-15
DID
Revealed conduct — Circle's public framing of its lobbying is regulatory clarity for stablecoin users; its own S-1 discloses that the substantial majority of revenue is interest income on reserves — i.e. the legislation it lobbied for protects the yield-extraction business model rather than the consumer-protection goal cited in its public messaging.
Circle's S-1 filing disclosed that interest income on reserves accounted for the substantial majority of total revenue, making the company's economics directly geared to short-term U.S. interest rates.
What this view assembles
- Promises & violations — every documented commitment + each documented break, with primary sources.
- Contradiction pairs — fact-against-fact entries from the contradictions ledger; the "said" appears in its year, the "did" appears in its year.
- Vote-based analyses — for elected officials, every documented case where a vote diverged from a stated commitment.
- Entity events — major dated events recorded against the entity (acquisitions, indictments, appointments, etc.).
This view DOES NOT auto-detect new drift candidates. It surfaces records that are already on file. If you spot an undocumented inversion, the curator workflow (admin) is where to add it.
