The issuer of the stablecoin USDC, Circle, has recently successfully landed on the New York Stock Exchange with the stock code CRCL. Its IPO was priced at $31 per share, and on the first day of trading, it soared to $83.23, with an increase of over 160% that day. On the second day, it rose by nearly 30%, accumulating a total increase of 247% over the two days, and the company's market value quickly approached $22 billion.

This listing event highlights the enthusiasm of the capital market for stablecoins, especially under the backdrop of U.S. authorities gradually releasing favorable policy signals for crypto assets. The total circulation of USDC has surged from $32 billion at the beginning of the year to over $61 billion currently, indicating its increasingly widespread application in cross-border payments, crypto trading, and decentralized finance, becoming an important bridge between mainstream finance and the blockchain world.