On June 16, US time, Circle's stock price peaked at $165.60, closing at $151.06, with a market capitalization of $33.617 billion, up 434% from the issue price of $31, continually breaking new highs. Wu said the team has compiled statistics on the market capitalization, issuers, and collateral of the top ten stablecoin projects, including USDC (Circle). These stablecoin projects are USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD.