USDC is in the spotlight again! 🎯 Circle, the issuer of USDC, has just gone public on the New York Stock Exchange with the stock code CRCL. On the first day? Its stock skyrocketed more than 200%! 🚀 This marks a historic milestone, as Circle is the first stablecoin company to officially list on a US exchange.
USDC itself has recorded on-chain transactions of more than $25 trillion since 2018 and has reserves of over $60 billion! Crazy, right?
The question now is: Will Circle's move make cryptocurrencies more trusted by institutions, or will it make cryptocurrencies smell more like “Wall Street”? 🤔
Come on, share your thoughts in the comments! 👇