Today's Data Analysis 📈 High-Level Fluctuations, Listing of USDC and Investment Opportunities in the Stablecoin Sector

In the US stock market, there is an IPO in our industry related to USDC. We are relatively familiar with USDC, as it falls within our scope of expertise and has good quality. This IPO is seen as a landmark event for the stablecoin sector entering the mainstream financial market. The opening price was $31, which quickly surged to $70, then to $99, and the next day reached around $120.

As industry professionals, we have certain advantages over ordinary retail investors in the stock market. First, we are closer to the market and can detect market dynamics earlier than regular investors and institutions, allowing for more flexible operations. Second, due to our smaller capital size, we can choose to hold long-term without being forced to sell at lows like funds. Third, referencing the development of USDT, we find that the stablecoin sector continues to grow, especially in recent years with high interest rates in the US stock market, where substantial returns can be achieved just from interest.

Fourth, financial reports show that USDC's parent company has provided strategic partners with a $1 billion airdrop. However, is this ongoing massive support necessary? When the scale is small, support from exchanges is indeed needed, but when it becomes popular and market share increases, does such significant profit still require this support?

Is there a need to continue dividing the cake? After all, our own cake size is only $1.7 billion. Fifth, we need to assess the potential growth space for USDC, is it 4 times or 6 times? With the continuous development of the digital economy and Bitcoin, will the stablecoin USDC rapidly expand its scale? This is something we should closely monitor in the future.

In summary, I believe this is a good opportunity worth exploring in depth.