Guosheng Securities: If Circle successfully goes public, it will be an important positive for the market

Odaily Planet Daily News: Guosheng Securities stated that if Circle successfully goes public, it will further promote the development of the US stablecoin market and accelerate the acceptance process of stablecoins by traditional financial users, especially institutional users. The stablecoin market has experienced rapid growth in the past few years, and in terms of size composition, USDT and USDC are the main products in the market. Since its inception, stablecoins have become an important tool for participants in the cryptocurrency market - providing value reserves and valuation tools, while also serving as margin for various cryptocurrency spot/futures trading, making them the most important type of cryptocurrency tool. If Circle goes public successfully, it will be an important positive for the market. (Caixin News Agency)