BitUnix analyst: CRCL's listing surges 247%, stablecoin application prospects strengthen, suggest focusing on regulatory dividend sector

BlockBeats News: On June 7th, Circle (CRCL), the world's second-largest stablecoin USDC issuer, listed on the New York Stock Exchange at an issue price of $31 on June 5th. On its first day of trading, it surged 168%, and on June 6th, it rose nearly 30%, accumulating a two-day increase of 247%. This listing is seen as an important milestone in the formation of stablecoin regulation and the integration of mainstream finance. BitUnix analysts suggest that stablecoins are entering a new stage of "sovereign regulation+financial applications", and USDC, as a highly compliant representative, has medium to long-term growth potential. In the short term, the speculation of CRCL listing should pay attention to the risk of pullback. If the market continues to be optimistic about regulation, attention can be paid to compliant stablecoin project tokens or financial application sectors (such as cross-border payments and RWA). Pay attention to the performance of DeFi protocol related assets with high integration with USDC in the medium term. It should be noted that if there are trust issues in the audit, it may affect the overall valuation and market liquidity of stablecoins.