#交易对 Circle's debut on the market was explosive, with stock prices temporarily surpassing $100!

The issuer of the USDC stablecoin, Circle (CRCL), officially listed on the New York Stock Exchange today, with an IPO pricing of only $31. The stock skyrocketed during the day, breaking through $100, currently reported at $75.90, with an astonishing increase. Wall Street officially welcomes the new crypto heavyweight!

As the issuer of the USDC stablecoin, Circle not only serves the crypto market but is also regarded as the cornerstone of the 'on-chain dollar.' With the gradual clarification of US regulatory attitudes 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 whether it deserves a future valuation in the hundreds of billions of dollars.

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