$USDC 🚀 Circle's IPO Soars: USDC Issuer Debuts at $31/Share! 🚀

Big News! Circle (CRCL) just launched its IPO at $31/share—above its target range—raising $1.05 billion and hitting a $6.9B valuation 💰. Shares start trading today on the NYSE!

Why it matters:

- USDC (Circle’s stablecoin) is the #2 stablecoin globally with a $61.5B market cap 🌐 .

- Institutional demand surged, forcing Circle to upsize shares twice 📈 .

- Regulatory tailwinds: The GENIUS Act advancing in Congress could cement stablecoins’ role in finance 🏛️ .

Market signal: Crypto’s infrastructure play gains Wall Street’s stamp of approval 🏆. Watch CRCL’s debut closely!