16 brokerages released reports on stablecoins, with related concept stocks rising by as much as 66% this month.

[Coin World] On June 23, Coin World reported that, according to incomplete statistics, at least 16 brokerages published 24 research reports comprehensively studying stablecoins in just the past week (from June 15 to June 21), covering multiple industry perspectives including macroeconomics, computing, media and the internet, finance, and Blockchain. Among them, several brokerages have launched special topics and in-depth studies on stablecoins, such as Guojin Securities, Zhongtai Securities, Dongwu Securities, and Tianfeng Securities, all of which have introduced special topics or in-depth research on stablecoins. Multiple research teams from CITIC Securities have conducted in-depth studies from various industry perspectives, including macro, overseas, banking, and non-banking sectors. From the stock price performance perspective, some A-share stablecoin concept stocks have shown remarkable upward trends since June. As of the close on June 20, Hengbao Co., Ltd. rose about 66% this month, Chutianlong rose 65%, Sifang Jingchuang rose about 60%, and Xiongdi Technology rose about 23%. However, recently, some concept stocks have seen a pullback from their previous highs. The reporter noticed that several stablecoin concept stocks have recently attracted a crowd of institutional research, focusing mainly on the development prospects of stablecoins and the relevant technologies and application scenarios of listed companies.