Circle's stock price rose by 247% after listing: A milestone in the integration of the USDC stablecoin with mainstream finance.

On June 7, Circle (CRCL), the issuer of the world’s second-largest USD stablecoin USDC, debuted on the New York Stock Exchange on June 5 at an issuance price of $31, with a big pump of 168% on its first day. On June 6, it rose nearly another 30%, accumulating a total rise of 247% over the two days. This listing is seen as an important milestone in the shaping of stablecoin regulation and the integration with mainstream finance.

Analysts suggest: Stablecoins are moving towards a new stage of “sovereign regulation + financial applications.” USDC, as a representative of high compliance, has medium to long-term growth potential. In the short term, the listing speculation of CRCL should be cautious of the risk of correction. If the market maintains an optimistic sentiment towards regulation, attention can be paid to compliant stablecoin project tokens or financial application sectors (such as cross-border payments, RWA). In the medium term, attention should be paid to the performance of assets related to DeFi protocols with high integration with USDC. It is important to note that if auditing raises trust issues, it may impact the overall valuation and market liquidity of stablecoins.