Search results for "CIRCLE"

Analysis: The heat of the U.S. "Crypto Week" remains high, but the trend of Ethereum is driven by Asia.

PANews July 16 news, according to the latest analysis from Matrixport, Ethereum has risen 18% in the past month, with a 17 percentage point increase occurring during Asian trading hours, demonstrating the significant influence of the Asian market on crypto assets price discovery. Meanwhile, Bitcoin and Ethereum have risen 8% and 19% respectively in the past week, attracting widespread attention from the US media. The US market is entering "Crypto Week", with major stablecoin-related legislation expected to pass, which reinforces the narrative of the US becoming a global crypto assets hub. The growth of the US market is mainly attributed to capital inflows into ETFs, corporate financial activities, and Circle's IPO, among other factors. However, compared to the relatively stable capital flows in the US market, Ethereum's Fluctuation and momentum are clearly driven by the Asian market.
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SEI (Sei) rose 15.81% in the last 24 hours.

Gate News Bot news, July 16, according to CoinMarketCap data, as of the time of writing, SEI (Sei) is currently priced at $0.39, with a rise of 15.81% in the last 24 hours, reaching a high of $0.39 and a low of $0.26. The current market capitalization is approximately $2.237 billion, an increase of $305 million compared to yesterday. Currently, SEI ranks 46th in the global crypto assets market capitalization. Sei is a high-performance blockchain platform focused on providing fast and scalable infrastructure. Its features include a 400 millisecond block finality time, a processing capacity of 100 million gas per second, and over 3 billion in transaction volume. Sei adopts a parallel runtime architecture designed to enhance scalability and developer flexibility. The platform is built on proven technologies such as Tendermint consensus and WebAs.
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Yala launched PayFi Universe, allowing Bitcoin earnings to be spent without selling coins.

PANews July 9 news, according to The Block, Yala officially launched the PayFi Universe system, allowing users to utilize the earnings generated from Bitcoin for daily expenses without having to sell their Bitcoin principal. The core product, Yeti Card, supports global payments, enabling users to directly use Bitcoin earnings to pay for various expenses. Yala has also partnered with Alchemy.
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Circle fall over 6%, has retracted 31% in the last 7 trading days.

Odaily News The US stock market shows that the leading stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.
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Circle fall超过6%,近7个交易日已回撤31%

Odaily News The US stock market shows that the first stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.
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Grayscale: In the second half of 2025, encryption assets will benefit from a favorable macro background.

Odaily News Gray Release published a research report for June, which pointed out that the GENIUS Act will bring regulated payment stablecoins to the United States, having passed the Senate with bipartisan support and now heading to the House for approval. Circle has successfully gone public, and it is expected that the increase in regulatory clarity and favorable macro backdrop (huge budget deficits and potentially lower Interest Rates) in the second half of 2025 will continue to support encryption assets.
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The stock tokenization platform xStocks recorded a trading volume of 5.82 million USD on its second day, more than 4 times the first day's rise.

BlockBeats news, on July 2nd, according to Dune data, the stock tokenization platform xStocks created by Backed achieved a trading volume of 5.82 million dollars on its second day, more than quadrupling the 1.34 million dollars from the first day. Additionally, yesterday the platform's DAU (Daily Active Users) reached 5,641, executing 15,719 transactions. In terms of trading varieties, the S&P 500 index's trading volume reached 1.69 million dollars, ranking first, followed by TSL and Circle stock tokens.
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SEI (Sei) rose 1.12% in the last 24 hours.

Gate News Bot news, on July 15th, according to CoinMarketCap, as of the time of writing, SEI (Sei) is currently priced at $0.35, with a rise of 1.12% in the last 24 hours, reaching a high of $0.36 and a low of $0.25. The current market capitalization is approximately $2.046 billion, an increase of $22.7 million compared to yesterday. Sei is a high-speed parallel blockchain platform that pushes the boundaries of blockchain technology through open-source development, aiming to create a new design space for consumer-oriented applications. Sei achieves a block finality time of 400 milliseconds and can process 100 million Gas per second, having completed over 3 billion transactions. Sei's unique architecture is designed to enhance scalability and developer flexibility, while its security is based on proven technologies such as Tendermint consensus and Wasm.
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The stock tokenization platform xStocks achieved a daily trading volume of 6.21 million USD, with tokenized TSL and Circle ranking at the top.

Gate News bot news, on July 8, according to Dune data, the stock tokenization platform xStocks created by Backed reached a trading volume of 6.21 million USD yesterday (July 7), and the platform's DAU (Daily Active Users) reached 2,473 people, with 17,010 transactions conducted.
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The stock tokenization platform xStocks had a trading volume of $6.21 million yesterday, completing 17,010 transactions.

According to BlockBeats news on July 8, Dune data shows that the stock tokenization platform xStocks created by Backed had a trading volume of 6.21 million USD yesterday, with a daily active user count (DAU) of 2,473 and a total of 17,010 transactions. In terms of trading varieties, TSL and Circle had trading volumes of 2.46 million USD and 2.21 million USD, ranking first and second respectively, while the S&P 500 index had a trading volume of 559,000 USD, ranking third.
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U.S. stock market close: major indices diverged, Circle (CRCL.K) rose over 6%

Golden Finance reported that U.S. stocks closed on Tuesday, with the Dow Jones rising 0.9% initially, the S&P 500 index slightly falling, and the Nasdaq dropping 0.8%. Nvidia (NVDA.O) fell nearly 3%, Circle (CRCL.K) rose over 6%, and Tesla (TSLA.O) dropped 5.3%.
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Citigroup: Assigns Circle a Buy rating, target price of $243

According to ChainCatcher news and CoinDesk reports, Citigroup stated that Circle's valuation is reasonable and has given it a buy rating for the first time, setting the target price for Circle's stock at $243, which still has about a 34% upside compared to yesterday's closing price of $181.
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Citi analysts have given Circle a buy rating for the first time, with a target price of $243.

Gate News bot message, CoinDesk reported that Citigroup released a research report on July 1, giving Circle (CRCL) stock a "Buy/High Risk" rating for the first time, setting a target price of $243. Circle stock was issued at an IPO price of $31, reached a high of $299, and then fell back to $181. Citigroup analysts' target price is lower than the current price.
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Citigroup: Circle's valuation is reasonable, initiating a buy rating.

Odaily News Citigroup, a financial giant, stated that Circle's valuation is reasonable and has given it a buy rating for the first time. Citigroup set a target price of $243 for Circle's stock, which is an increase of about 34% from last night's closing price of $181. The Citigroup report noted that Circle benefits from "scarcity value, the 'winner-takes-all' concept, significant potential opportunities, legislative momentum," and "enormous operational leverage potential."
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Circle launched cross-chain Liquidity service Circle Gateway

Gate News bot news, PANews news, Circle announced a new developer service Circle Gateway on July 1. This service enables unified management of USDC balances and provides users with instant cross-chain Liquidity support. Circle Gateway has three core functions: First, it eliminates the need for cross-chain pre-stored funds and rebalancing operations, most...
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Circle has launched the developer service Circle Gateway, and this month you can access Testnets like Base and Ethereum.

Odaily News Circle announced on the X platform the launch of the developer service Circle Gateway, which enables unified USDC balance, instant cross-chain Liquidity, and other features, eliminating the need for cross-chain pre-funding or rebalancing. A single integration can meet the needs of multiple chains, allowing users to retain full control and withdraw without permission. This month, it will go live on Testnet for Base, Ethereum, and others.
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The FATF warns of the criminal risks of stablecoins, and executives in the encryption field say: it is not aimed at the encryption industry.

PANews July 1st news, the Financial Action Task Force (FATF) recently warned of a rise in crime related to stablecoins, but executives from blockchain intelligence companies stated that this is not a threat to the Crypto Assets industry, but rather emphasizes the need to strengthen regulation and monitoring. Executives from Chainalysis and Asset Reality believe that this warning is aimed at promoting unified licensing and regulation for stablecoin issuers, enhancing real-time monitoring and international cooperation to track and combat illegal flows of funds, rather than prohibiting the development of stablecoins. Chainalysis data shows that the 2025 cryptocurrency crime report indicates that 63% of on-chain illegal transaction volume is denominated in stablecoins. Experts point out that the transparency and traceability of stablecoins make them not the best choice for criminals, while centralized stablecoin issuers also have the ability to freeze illegal funds, such as Tether freezing $225 million of US.
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Since xStocks launched tokenized stocks, the trading volume has exceeded $1.5 million, with the number of trading users reaching 1551.

According to Dune data, Backed's tokenization platform xStocks has reached a volume of $1,574,670 since its launch, with 1,551 users and 61 tradable assets, among which NVIDIA and MicroStrategy have the highest trading volume.
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ZachXBT accuses Circle of failing to take action against USDC payment activities related to North Korea.

PANews reported on July 1 that on-chain detective ZachXBT stated that Circle and USDC are used as the primary payment infrastructure by North Korean IT workers, but no measures have been taken to detect or freeze related activities, while claiming compliance. He noted that recent transaction volume has reached high eight digits, yet no one is paying attention during the current "crime supercycle."
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On-chain detective reveals: North Korean IT workers are using USDC for payments.

Gate News bot news, on-chain data analyst ZachXBT disclosed through platform X that North Korean IT practitioners are widely adopting the stablecoin USDC issued by Circle as a payment tool. According to his investigation, the recent transaction scale reached tens of millions of USD. In his post, ZachXBT questioned Circle, pointing out that although the company emphasizes "Compliance", it is...
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ZachXBT: USDC has become the primary payment tool for North Korean IT personnel, Circle has not frozen related activities.

Odaily News On-chain detective ZachXBT posted on platform X, stating that the stablecoin USDC issued by Circle is widely used for payments by North Korean IT workers, claiming to have discovered that the recent transaction volume has reached tens of millions of USD. He criticized Circle for not taking any freezing or monitoring measures while claiming to be "compliant," sarcastically stating, "This is a crime Supercycle, and no one cares."
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Circle applies to establish the first Digital Money trust bank in the United States.

According to Gate News bot, Reuters reported that stablecoin issuer Circle has submitted a trust bank license application to U.S. regulators. Circle plans to establish a national trust bank in the United States, named First National Digital Currency Bank, N.A. Once the application is approved, the bank will have custody rights for reserves.
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Circle is about to obtain a trust bank license in the United States.

Gate News bot message, on July 1st, stablecoin issuer Circle is applying for a U.S. trust bank license to create a new national trust bank entity. If approved, Circle will establish the first national digital currency bank, which can provide custodial services, including the custody of tokenized stocks and bonds. Circle CEO Je
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Encryption stocks are expected to rise by 119% in 2025, which may reshape the structure of the US stock zone.

Odaily News According to a report by 10x Research, as of 2025, encryption concept stocks have accumulated a rise of 119%, surpassing the pump of Bitcoin and most traditional assets. With companies like Circle pushing for billion-dollar IPOs, Wall Street is quietly incorporating encryption stocks into mainstream allocations. The report states that 2025 could become the "year of encryption stocks," with encryption companies expected to become an important component of the emerging zone in U.S. stocks.
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Turkish gaming company Circle Games has completed a $7.25 million seed round financing, led by Bitkraft Ventures.

Istanbul-based game studio Circle Games recently completed a $7.25 million seed financing round, primarily aimed at developing the project Sort Express and other games, to facilitate team expansion. This financing reflects the rapid rise of the mobile gaming industry in Turkey.
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Circle has added 250 million USDC tokens on the Solana network.

According to the Gate News bot, blockchain data shows that Circle has issued 250 million USDC stablecoin on the Solana network. Statistics indicate that, to date, Circle has cumulatively issued 17.5 billion USDC tokens on the Solana network.
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In pre-market trading, some Crypto Assets concept stocks in the US stock market surged, with SharpLink Gaming rising nearly 6%.

BlockBeats news, on July 7th, according to market data, some cryptocurrency concept stocks in the U.S. market rose before the opening, including: Bit Digital (BTBT.US) rise 12.93%; SharpLink Gaming (SBET.US) rise 5.72%; Circle (CRCL.US) rise 1.72%; IREN Ltd (IREN.US) rise 3.09%.
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The modular automation protocol platform Questflow.ai officially joins the Circle Alliance Program.

Questflow.ai officially joins the Circle Alliance Program as an official partner of Circle. The platform promotes efficient workflow collaboration through the Multi-Agent Orchestration Protocol (MAOP), further recognizing its capabilities in the Web3 native finance and infrastructure field, aiding the expansion of applications such as payments, identification, and automated execution.
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The US stablecoin giant applies to establish a national trust bank.

According to Gate News bot and CNBC, the well-known stablecoin issuer Circle is applying to establish a national trust bank in the United States. This move is an important strategic deployment after the company recently achieved an estimated valuation of approximately $18 billion through an IPO. If approved by the Office of the Comptroller of the Currency (OCC), Circle will be able to use its own reserves as...
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Circle applies to establish a national Digital Money bank, focusing on the custody of USDC and tokenization assets.

Gate News bot message, Reuters reported that stablecoin company Circle has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish the "First National Digital Currency Bank, N.A." national trust bank. This application is one of the supporting measures for Circle's IPO plan. After obtaining the license, Circle will have the autonomous custody rights of USDC reserves.
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J.P. Morgan downgrades Circle rating: target price $80

Gate News bot message, Bloomberg reports that despite Circle's stock price rising nearly 490% after its listing, lead underwriter JPMorgan has given it a "downgrade" rating. JPMorgan set a target price of $80, down about 60% from its peak. JPMorgan analyst Kenneth Worthington pointed out in his report that Fiserv, Mastercard, Amazon
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Circle has burned 250 million USDC on the Solana blockchain.

Gate News bot message, latest news: Circle has completed the destruction of 250 million USDC on the Solana chain. According to on-chain data, as of now, Circle has burned a total of 16.75 billion USDC on the Solana network.
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A certain Whale prepared 40 million USDC three weeks in advance to participate in the PUMP public sale, but ultimately only bought about 5.15 million USD.

According to BlockBeats news on July 12, on-chain analyst Ai Yi (@ai9684xtpa) monitored that the Address E1bQJ...x2bux subscribed for 40 million USDC from Circle three weeks ago amid PUMP rumors about the upcoming TGE. Six hours before the public sale began, approximately 25 million USDC was transferred to 29 addresses, with a total of 5.15 million USDC successfully deposited into 7 addresses (only counting amounts ≥ 100,000 USD addresses).
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Data: Over the past 7 days, the USDC circulating supply has increased by approximately 700 million.

PANews, July 12 - According to official data, from July 3 to July 10, Circle issued approximately 3.3 billion USDC and redeemed about 2.6 billion USDC, resulting in an increase of approximately 700 million in Circulating Supply. The total Circulating Supply of USDC is 62.7 billion, with a reserve amount of approximately 62.9 billion USD, including about 9.2 billion in cash, and the Circle Reserve Fund holds approximately 53.7 billion.
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Circle fell below 190 USD, with an intraday decline of over 8%.

According to a report from Golden Finance, market data shows that Circle has fallen below $190, currently reported at $188.18, with an intraday decline of over 8%.
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SEI (Sei) rose 21.86% in the last 24 hours.

Gate News Bot news, July 11, according to CoinMarketCap data, as of the time of writing, SEI (Sei) is currently priced at $0.32, rising 21.86% in the past 24 hours, with a high of $0.33 and a low of $0.25. The current market capitalization is approximately $1.794 billion, an increase of $322 million compared to yesterday. SEI is currently ranked 53rd in the global crypto assets market capitalization. Sei is a blockchain platform focused on high speed and scalability, aimed at providing new design space for consumer applications. Sei's blockchain achieves transaction finality in 400 milliseconds, processing up to 100 million Gas per second, and has processed over 3 billion transactions in total. Sei adopts a parallel runtime architecture, enhancing developer flexibility while improving scalability. The platform is built on proven architectures such as Tender.
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The stock tokenization platform xStocks had a trading volume of 3.81 million USD yesterday, with the S&P 500 leading in trading volume.

According to BlockBeats news on July 4, data from Dune shows that the stock tokenization platform xStocks created by Backed saw a trading volume of 3.81 million USD on its fourth day, a significant drop from the previous day's trading volume of 8.56 million USD. The platform reported 2,835 daily active users (DAU) and completed 25,126 transactions. In terms of trading varieties, the S&P 500 index had a trading volume of 960,000 USD, ranking first, followed by TSL, Circle, and NVIDIA stock tokens.
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SOL (Solana) fell 1.14% in the last 24 hours.

Gate News Bot news, on July 4, according to CoinMarketCap data, as of the time of writing, SOL (Solana) is currently priced at 151.23 USD, falling by 1.14% within 24 hours, with a high of 159.63 USD and a low of 141.35 USD. The 24-hour volume reached 3.65 billion USD. The current market capitalization is approximately 80.87 billion USD, a decrease of 934 million USD from yesterday. Solana is a high-performance blockchain platform that provides developers with robust infrastructure and offers a fast experience for all users. The platform supports a variety of application scenarios, ranging from seasoned users to new consumers, and is committed to bringing blockchain technology to the masses. The Solana ecosystem is providing tools and integrated solutions for numerous companies around the world. Important recent news about SOL: 1️⃣ **The first Solana staking ETF is in
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Circle's pre-market stock is up 4.6%.

Golden Finance reports that Circle is up 4.6% in pre-market trading, with news that Ant International will join its global platform.
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Ant Group will add Circle's stablecoin to Ant International.

Golden Finance reported that Ant Group will add Circle's stablecoin to Ant International. According to insiders, Ant International plans to incorporate USDC assets into its Blockchain platform after compliance in the United States. As this matter is private, the insiders requested anonymity. Additionally, a specific timeline has not yet been determined.
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Due to the news of cooperation with Ant Group, Circle rose 5.3% in the night trading.

BlockBeats news, on July 10, according to Yahoo Finance, "the first stock of stablecoin" Circle rose 5.3% in night trading. Previously, it was reported that Ant Group is expected to add Circle's stablecoin to its global platform.
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Data: Circle issued 250 million USDC on the Solana blockchain.

According to ChainCatcher news, on-chain data shows that Circle issued 250 million USDC on the Solana blockchain 3 minutes ago.
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Circle has recently continued to remove on-chain USDC from Centralized Exchanges on Solana.

Gate News bot message, according to on-chain data, Circle has just removed 250 million USDC on the Solana chain through centralized exchange. In the past month, Circle has removed a total of 2 billion USDC on the Solana chain through centralized exchange.
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Circle destroyed 250 million USDC on the Solana Blockchain.

Gate News bot message, the data shows that Circle has just burned 250 million USDC tokens on the Solana blockchain. Statistics indicate that as of 2025, Circle has cumulatively burned 17.25 billion USDC tokens on the Solana blockchain.
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Circle issued 250 million USDC on the Solana chain.

According to ChainCatcher news, on-chain data shows that Circle issued an additional 250 million USDC on the Solana chain 3 minutes ago.
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On the third day of trading, the stock tokenization platform xStocks reached a trading volume of 7.73 million USD, with the S&P 500 leading in transaction volume.

BlockBeats news, on July 3rd, according to Dune data, the stock tokenization platform xStocks created by Backed has reached a trading volume of 7.73 million USD on its third day of operation, with trading volume continuously rising. In addition, yesterday the platform's DAU (Daily Active Users) decreased compared to the previous day, reaching 4,215 people, achieving 14,560 transactions. In terms of trading varieties, the S&P 500 index trading volume reached 4.25 million USD, ranking first, followed by TSL and Circle stock tokens.
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Golden Finance reported that Circle minted 250,000,000 USDC on Solana 5 hours ago.

During the market long positions period, stablecoin revenue exceeded 10 billion USD.

Gate News bot reported that stablecoin issuers led by Tether generated nearly $10 billion in revenue, with Tether earning $6.56 billion, Circle $1.89 billion, Sky Protocol $384 million, and Ethena $332 million. These growths have strengthened the blockchain ecosystem, boosting liquidity and Decentralized Finance (DeFi) activities.
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According to a report by Golden Finance, data from CoinDesk Data shows that stablecoin issuers generated nearly $10 billion in revenue over the past year. Among them, Tether topped the list with $6.56 billion in revenue, Circle earned $1.89 billion, Sky Protocol received $384 million, and Ethena had $332 million in revenue.
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Hong Kong media: Circle recorded a rise of over 5 times in the month since its listing, and Everbright Holdings has been its shareholder since 2016.

According to Jinse Finance, as reported by Hong Kong media Hong Kong Commercial Daily, Circle, the issuer of the world's second-largest stablecoin USDC, was listed on the New York Stock Exchange on June 5, recording a rise of over 5 times in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, and Huaxing Capital invested in Circle in 2018. Analysts point out that the stablecoin's "iPhone moment" is approaching investors at a visibly rapid pace, and the market generally believes that stablecoins are expected to reshape the global payment and financial landscape.
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