CRCL soars in its debut on Wall Street as sentiment for stablecoins intensifies
Circle (CRCL) had a spectacular stock market debut on the New York Stock Exchange on June 5, closing the day with a rise of 167% from its initial public offering price of $31, to close at $83 per share. The stock even reached as high as $104 during the day, evoking the euphoria of Coinbase's IPO in 2021.