Circle stormed onto the exchange with an impressive debut! On its first trading day, the company’s shares surged by 168%, closing at $83.23 compared to the IPO price of $31.
📈 Trading volume reached 47 million shares.
📊 The day’s price range fluctuated between $66.60 and $103.75.
💰 Market capitalization hit $16.7 billion.
This powerful NYSE launch sends a clear signal across the entire crypto market. The event underscores the growing legitimacy of USDC, now officially recognized as a Wall Street asset. Investor interest and trading momentum suggest a strong appetite for stablecoins and crypto firms amid an evolving regulatory landscape.