Circle's price continues to surge after its IPO 📈, skyrocketing from the IPO price of $31 💵 to $268 in just two weeks, a rise of over 675%, leaving many U.S. stock crypto-related stocks behind. On the surface, it looks like a frenzy of investment, but behind it is actually a concentrated realization of policy dividends + stablecoin expectations. The U.S. Senate recently passed the "Genius Act," which clearly sets rules for stablecoins. As the issuer of USDC, Circle has upgraded from a "grey area player" to a "compliance representative," which naturally makes funds 💰 more willing to invest, and institutions 🏦 more confident in bullish predictions.
This explosive surge indicates one thing: stablecoins are transforming from "tools" in the crypto space to the foundational infrastructure of the next round of crypto finance. USDC's role in cross-border 🗺️ payments and on-chain settlements 🧮 is increasingly resembling that of a "digital dollar 💵 prototype," and Circle's IPO is, to some extent, a bet by the U.S. on dominance in Web3 payments. You may choose not to invest, but you cannot afford to ignore it. It should continue to rise 📈!