#CirckeIPO is LIVE โ and it made waves! ๐
Circle, the company behind the USDC stablecoin ๐ต, just went public on the NYSE under the ticker $CRCL. The IPO price? $31. The opening price? $69. And it soared to $103+ before settling at $83.23. ๐๐ฅ
Thatโs a 168% gain on day one, raising $1.1B in the process! ๐ฐ
USDC is the 2nd-largest stablecoin, with ~$60B in circulation and over $25T in on-chain transactions since 2018. Circle's big debut shows growing confidence in cryptoโs futureโeven on Wall Street. ๐ฆ๐
Bullish on stablecoins? Youโre not alone. ๐$BNB