Hong Kong media: Circles stock price rose more than five times in one month after its listing. Everbright Holdings became its shareholder in 2016

Odaily News Circle, the worlds second largest stablecoin USDC issuer, was listed on the New York Stock Exchange on June 5, and recorded a more than 5-fold increase in more than a month. It is reported that Everbright Holdings has become a shareholder of Circle in 2016, and China Renaissance Capital has invested in Circle in 2018. Analysis points out that the iPhone moment of stablecoins is approaching investors at a visible speed, and the market generally believes that stablecoins are expected to reshape the global payment and financial landscape. (Hong Kong Commercial Daily)