BlockBeats News, June 7th: The global second-largest USD stablecoin issuer, Circle (CRCL), saw its USD Coin (USDC) listed on the New York Stock Exchange on June 5th at an issuance price of $31. On the first day of trading, the price surged by 168%, and on June 6th, it rose by nearly 30%, accumulating a two-day gain of 247%. This listing is seen as a significant milestone for stablecoin regulation and integration into mainstream finance.
Bitunix analysts suggest: Stablecoins are entering a new stage of "sovereign regulation + financial applications." USDC, as a highly compliant representative, has medium- to long-term growth potential. In the short term, attention should be paid to the risk of a pullback in CRCL's listing hype. If the market's optimistic sentiment towards regulation persists, it is advisable to focus on compliant stablecoin project tokens or the financial application sector (such as cross-border payments, RWAs). In the medium term, pay attention to the performance of assets related to DeFi protocols with high integration with USDC. It is important to note that if there are trust issues in audits, it may affect the overall valuation of stablecoins and market liquidity.
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