$USDC Analysis: Circle triggered a trading halt twice upon opening, the stablecoin market holds a trillion-dollar opportunity

BlockBeats news, on June 6, the stablecoin USDC issuer Circle triggered a trading halt twice upon opening today. Circle has become one of the few publicly listed pure cryptocurrency companies in the U.S., following Coinbase, Mara Holdings, and Riot Platforms, marking the company's second attempt to go public. With the U.S. government's friendly regulatory stance, the cryptocurrency industry is gaining new political support. Especially in the stablecoin sector, as it is expected that Congress will pass stablecoin-related legislation this summer, the sector is accelerating its development. Wall Street analysts suggest that the stablecoin market could grow tenfold in the next five years, creating a trillion-dollar market opportunity. (Jinshi)