Circle IPO, the beginning of a new cycle for stablecoins?

$7.2 billion IPO, Circle opened up directly 3 times.

Traditional financial giants BlackRock and ARK preemptively scooped up shares.

Stella focuses on three points:

✅ This is not just about 'stablecoins being recognized',

it is TradFi finding the most secure way to enter the stablecoin track.

✅ $7.2 billion pricing + U.S. stock market valuation anchor,

may raise the valuation space of the entire DeFi stablecoin sector.

✅ For MKR/ENA/PENDLE/AAVE and other stablecoin logically related targets, short-term is obviously positive feedback.

But don't forget:

When BlackRock starts to dominate the game, the rules of DeFi will no longer be the same.

What do you think of this IPO wave? Is the summer of stablecoins really coming, or is it another round of smart money harvesting? #CircleIPO #stablecoin sector #DeFi #StellaHotComments