$USDC In second place, Circle successfully went public on June 5, trading under the symbol “CRCL.” Its IPO raised approximately \$1.1 billion and opened with a strong market response, nearly tripling its value on its first day... ... ... ... ..!

This move boosted market confidence in both Circle and USDC. It coincided with the U.S. Senate's approval of the bipartisan GENIUS Act, which brings stablecoin regulation into clearer focus. ... .... .. .:.:.:.

The law requires full backing by liquid reserves and allows regulated institutions to issue stablecoins, reinforcing the credibility of USDC.