#Circle扩大IPO规模 Circle (CRCL), the issuer of USDC stablecoin, landed on the New York Stock Exchange today. The IPO price was only $31. It soared above $100 during the trading session and is now at $75.90, an astonishing increase. Wall Street has officially welcomed the new crypto upstart!

As the issuer of USDC stablecoin, Circle not only serves the crypto market, but is also regarded as the cornerstone of the "on-chain dollar". As the US regulatory attitude becomes clearer and institutions such as BlackRock are actively deploying, Circle is gradually building a bridge between the crypto world and traditional finance.

Of course, challenges are also intensifying. Tether still occupies a dominant position in the stablecoin market. Whether Circle can continue to expand its share and improve revenue transparency will determine whether it deserves a valuation of tens of billions of dollars in the future.