After the listing of USDC issuer Circle, the stock price surged 5 times, and the stablecoin industry is entering a period of explosive growth.

The stablecoin giant Circle has performed remarkably after its listing on the New York Stock Exchange, with its stock price achieving a fivefold rise in just over a month. The issuer of the world’s second-largest stablecoin USDC officially went public on June 5, attracting strong market attention.

It is worth mentioning that several years ago, some well-known investment institutions already saw the development prospects of Circle. It is understood that a Hong Kong listed company became one of Circle's shareholders as early as 2016, while another well-known investment bank made an investment in Circle in 2018.

Industry analysts point out that the stablecoin sector is entering a period of rapid development, with its influence expanding at a visibly fast pace. The market generally believes that stablecoin technology is expected to reshape the global payment system and financial landscape in the future, bringing revolutionary changes to traditional finance.

With Circle's successful listing and rapid growth, the "iPhone moment" of the stablecoin industry seems to be accelerating. This not only reflects the market's confidence in stablecoin technology but also indicates that digital currencies may play an increasingly important role in the global financial system.