Have you ever seen a stablecoin, which by definition should be stable, soar by +168% in a day? Yes, yes, yes... you will immediately object that USDC didn't rise by 168%. But I'm talking about Circle Internet Financial - the issuer of USD Coin (USDC), one of the largest stablecoins in the world. For the most interested - check the company’s financial reports and their assets. Circle is going public on the NYSE with the ticker $CRCL. And here it begins: starting at $31 — and within the first hours of trading, the price skyrockets above $83. Everyone is like, 'Wait... isn't this just a simple stablecoin issuer?' The result: +168% on the first day. In the world of 2025, crypto is back in fashion. After 2 years of silence, when regulators chased everything that started with 'de-', a wave of mass institutional return has arrived: BlackRock launched its bitcoin ETF, Fidelity added staking, and now — Circle decided the moment has come. The IPO of Circle showcases two trends at once:
Institutional investors are once again craving crypto. Moreover, they crave it — without looking at the financial reports.
The stock market is not about common sense. It's about hype, emotions, and... sometimes about memes.
