#Circle扩大IPO规模 Circle's First Day on the Market Explodes, Stock Price Surpasses $100 at One Point!

The issuer of the USDC stablecoin, Circle (CRCL), today debuted on the New York Stock Exchange with an IPO price of only $31. The stock surged to over $100 during trading and is currently priced at $75.90, showing an astonishing increase. Wall Street officially welcomes a new crypto giant!

As the issuer of the USDC stablecoin, Circle not only serves the crypto market but is also seen as the cornerstone of the 'on-chain dollar.' With the regulatory stance in the U.S. gradually clarifying and institutions like BlackRock actively positioning themselves, Circle is gradually building a bridge between the crypto world and traditional finance.

Of course, challenges are also intensifying. Tether still dominates the stablecoin market, and whether Circle can continue to expand its market share and enhance revenue transparency will determine if it deserves a future valuation in the hundreds of billions of dollars.

Whether it ultimately becomes a new generation of 'financial infrastructure' or a temporary funding frenzy, Circle's listing has already fired the first shot in the integration of Wall Street and on-chain finance.