📈 #CircleIPO : Historic Debut on the Stock Market! 🚀

Circle, the issuer of the stablecoin, debuted on the New York Stock Exchange under the ticker with an impressive performance. The shares were priced at US$ 31 and closed the first day at US$ 83.23, a valuation increase of 168%, raising the company's market value to about US$ 19 billion

🔍 Highlights of Circle:

USDC: Second largest stablecoin, with approximately US$ 60 billion in circulation.

Transactions: Over US$ 25 trillion processed since 2018.

Revenue: US$ 1.7 billion in 2024, mainly from earnings on reserves.

This IPO not only marks a milestone for Circle but also signals the increasing acceptance of stablecoins in the traditional financial system. With the support of major financial institutions and a more favorable regulatory environment in the U.S., Circle is well-positioned to lead the next phase of cryptocurrency integration into the global economy.

📊 Curiosity: During the first day of trading, Circle's shares were halted several times due to extreme volatility, reflecting market enthusiasm. (💹