According to BlockBeats, Circle, the parent company of USDC, saw its stock price skyrocket by 300% on its first day of trading on the US stock market, attracting widespread attention from the cryptocurrency industry. Circle's listing has become a market focal point.
Driven by the listing frenzy of Circle, BiyaPay platform users have shown increased interest in purchasing Circle stock (CRCL) by exchanging USDT for USD. Platform data indicates a significant rise in user participation.
BiyaPay analysts state that Circle, as a blockchain financial infrastructure company, has its USDC stablecoin widely used, and its market performance upon listing proves the market's confidence in its future development.
BiyaPay offers a convenient trading experience without the need for offshore accounts, simplifying the process through USDT to USD exchange services, thereby enhancing CRCL trading activity. The platform will continue to monitor market dynamics and provide more investment opportunities.