Coinbase CEO Brian Armstrong has hailed USDC as "the most trusted stablecoin" following Circle's successful IPO on the NYSE under the ticker "CRCL". The IPO was oversubscribed, with shares rallying over 200% on debut. Armstrong highlighted Circle's achievement of approximately $30 trillion in lifetime USDC volume, emphasizing the stablecoin's growing prominence in the market. This development underscores the increasing competition between USDC and Tether's USDT in the stablecoin sector.

$USDC