The world's second-largest US dollar stablecoin issuer Circle (CRCL) went public on the New York Stock Exchange on June 5th at an issue price of $31, surging 168% on its first day of trading, and rising nearly 30% on June 6th, with a cumulative two-day increase of 247%. This listing is viewed as an important milestone in stablecoin regulation and mainstream financial integration.
Bitunix analysts suggest: Stablecoins are moving towards a new stage of "sovereign regulation + financial application", and USDC, as a high-compliance representative, has medium to long-term growth potential. In the short term, investors should be cautious of potential pullback risks from CRCL's listing hype. If market optimism about regulation continues, attention can be paid to compliant stablecoin project tokens or financial application sectors (such as cross-border payments, RWA). In the medium term, keep an eye on asset performance of DeFi protocols with high USDC integration. It is important to note that if audit trust issues arise, it may affect the overall valuation and market liquidity of stablecoins.
