#CircleIPO Circle Internet Financial, the company behind the USDC stablecoin, made a splashy debut on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL". The stock opened at $69, tripling its IPO price of $31, and closed at $83.23, valuing the company at over $18 billion. Circle's IPO was a huge success, outperforming other notable tech giants like Meta, Robinhood, and Airbnb. The stablecoin issuer's strong performance may signal a growing appetite for digital assets in traditional finance. With a market cap of $61 billion, USDC is the world's second-largest stablecoin, and Circle's IPO marks a new chapter for crypto.
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