PANews reported on June 24 that according to the latest data from Matrixport, Circle's valuation has reached $60 billion, which is basically in line with its circulating USDC total amount ($61.2 billion), and has remained stable over the past three months. In comparison, Coinbase's current market value is $78.3 billion, and the contrast reflects that market attention is gradually shifting from diversified trading platforms to core crypto infrastructure companies such as stablecoin issuers.
Analysts believe that capital is accelerating its flow towards infrastructure-type crypto enterprises, and the recent IPO boom further validates the continued capital injection from institutions. This trend is also seen as one of the important supporting factors for Bitcoin maintaining its strength in 2025, although the market may still face consolidation in the short term.
