Guosheng Securities: If Circle successfully goes public, it will be important Favourable Information for the stablecoin market.

Odaily News 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 among traditional financial users, especially institutional users. The stablecoin market has experienced relatively rapid growth in recent years. In terms of market composition, USDT and USDC are the market’s main products. Since their inception, stablecoins have become an important tool for participants in the crypto assets market—providing value reserves and pricing tools, while also serving as Margin for various types of crypto assets Spot/Futures trading, making them one of the most important types of crypto assets tools. If Circle successfully goes public, it will be significant favourable information for the market. (Cailian Press)