On June 10th, the US stock market recently sparked a wave of crypto concept stocks: Circle's stock surged over 160% on its first day of listing on June 5th, with multiple crypto-related stocks such as Coinbase, MicroStrategy, and Marathon Digital continuing to rise, attracting market attention.
In contrast, the cryptocurrency market appears sluggish. Bitcoin is consolidating, with most Altcoins falling back, even dropping to levels before the current bull market started. BiyaPay analysts believe that this divergence of "coins not rising, stocks soaring" reflects institutional funds indirectly betting on the crypto track through stocks.
The underlying logic is that institutions are reluctant to directly hold highly volatile cryptocurrencies and prefer to participate in crypto growth dividends through compliant assets like stocks. For instance, Circle's "stablecoin + payment" model is closer to traditional tech stock logic and is highly favored on Wall Street.
Against the backdrop of falling interest rate expectations, crypto concept stocks are also being incorporated into tech growth stock speculation, attracting significant short-term FOMO funds. Meanwhile, the native crypto market currently lacks new narrative support and is difficult to break through in the short term.
In this environment, BiyaPay platform supports users in converting USDT to USD to invest in US crypto concept stocks without opening offshore accounts, allowing them to seize crypto "stock market dividends": USDT can be exchanged for 30+ fiat currencies, with stable withdrawals and zero card freezing; zero-fee trading of 200+ crypto assets; one-click investment in US and Hong Kong stocks using USDT, efficient and convenient.
From trading coins to trading stocks, BiyaPay helps you capture structural opportunities in the crypto cycle.
