#Liquidity101 Circle's stock rose by 167% on its first trading day after its initial public offering

Circle's shares rose by 167% on their first trading day after the initial public offering. The stablecoin issuer had raised its offering to $1.05 billion on June 4th, thanks to strong demand from investors.

This strong offering highlights the growing confidence in Circle's position within the cryptocurrency ecosystem, especially as the issuer of USDC, one of the largest stablecoins by market capitalization.

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