🔺Circle surprised Wall Street by reaching a market value of 66 billion USD, exceeding, for the first time, its stablecoin, $USDC , which has a market value of 60 billion USD. The company's initial public offering, held in early June, saw its shares rise by over 13%, now trading at 270.85 USD on the New York Stock Exchange. The market is betting on the boom of stablecoins, asset tokenization, and the huge reliance on digital payments on-chain. Analysts are already discussing the "tokenized dollar cycle," led by Law #GENIUS and the increasing favorable regulation for the sector. Wall Street, which previously ignored digital assets, is now racing to position itself in this new financial system.
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