Guosheng Securities: If Circle is successfully listed, it will be a major positive for the stablecoin market

reported that Guosheng Securities stated that if Circle successfully goes public, it will further promote the development of the US stablecoin market and accelerate the acceptance process of stablecoins by traditional financial users, especially institutional users. The stablecoin market has experienced rapid growth in recent years, and from the perspective of market composition, USDT and USDC are the main products. Since its inception, stablecoins have become an important tool for cryptocurrency market participants - providing value reserves and pricing tools, and serving as margin for spot and futures trading of various cryptocurrencies, making them the most crucial type of cryptocurrency tool. If Circle successfully goes public, it will be a significant positive signal for the market. (Cailian Press)