📱 iPhone moment for Circle: stable coin, unstable growth
Circle, the issuer of the second largest stablecoin USDC, went public on the New York Stock Exchange on June 5 — and since then their shares have been behaving like Bitcoin in 2017: +500% in a month. Yes, this is not a typo.
💼 Since 2016, Circle has been backed by Everbright Holdings and Huaxing Capital. And now analysts claim: stablecoins are experiencing their "iPhone moment" — as if Tim Cook stepped on stage and said:
"One more thing… this is USDC"
📊 What this means:
- Stablecoins are stepping out of the shadows of DeFi and entering the mainstream
- Circle is becoming the face of "new money" on Wall Street
- And yes, now even bankers are googling what a stablecoin is
🧃 Who would have thought that "the most boring coin" would become a star of the stock market.
USDC: "I am stable, but special".
