$USDC Market Momentum

Circle (CRCL) shares surged ~34% after the news, closing at $199.60—an increase from its IPO price of $31—marking an impressive increase of 544% since early June.

As of June 18, the circulation of USDC is around $61 billion, with a market capitalization of Circle of approximately $42 billion—around 68.5% of the token's float.

USDC has a total of $252 billion, behind USDT (~62%).