These days, it seems like Circle stocks are skyrocketing wildly. I looked into it and found that they've jumped nearly 100% in a month. It's related to USDC, and as the stablecoin market gains renewed attention, it appears to be moving in tandem.

Circle is a company that issues the major stablecoin called USDC, and recently, as the cryptocurrency market is rebounding, stocks related to stablecoins have become hot all at once. It seems institutional investors are starting to pay attention to this area as well. Since companies like Circle that issue stablecoins are playing a bigger role in the market, naturally, interest is also increasing.

Personally, I find it interesting that Circle stocks are showing this kind of movement, but the key question is how sustainable the stablecoin market itself will be. It could be a short-term rally, or the start of a long-term trend. Anyway, major stablecoin players like Circle definitely seem to be worth watching.