$USDC

Circle (CRCL) on its debut on the New York Stock Exchange saw a significant increase in its stock price to $83, a rise of 167% compared to the IPO price, reaching a peak of $104. Coinbase initially generated a strong reaction, but shortly after, the stocks plummeted, and whether Circle will be able to avoid a similar fate has become a point of focus. The trading volume of stablecoins has also shown recent growth, with USDC trading volume increasing by 22% in the last 24 hours.