⚡️ Update: Circle's stock jumps nearly 600% since the IPO, surpassing the market value of Coinbase and even $USDC!
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📈 Event Details:
– Circle's stock, the issuer of $USDC, has achieved a historic jump of nearly 600% since being listed on the stock exchange
– The company's market value has now surpassed both:
🔹 Coinbase platform
🔹 And even its own stablecoin $USDC
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💥 What’s behind the surge?
– Investor confidence in the future of the financial infrastructure being built by Circle
– Expansion of USDC support across multiple networks such as Solana, Ethereum, World Chain
– Strong institutional partnerships and growth in the digital payments sector
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🔍 Why is this important?
– Indicates a major shift in the power and influence of traditional crypto companies
– Circle is no longer just a stablecoin issuer, but a major institutional financial player
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❓Do you see Circle becoming the backbone of global decentralized finance?
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