$USDC The CEO of Coinbase praises USDC as the most reliable Stablecoin
Circle, the issuer of USD Coin (USDC), has experienced remarkable growth since its IPO. Industry leaders, such as Brian Armstrong, CEO of Coinbase, have strongly supported its growth. Sold at $31 per share, Circle's stock reached $95, representing a 200% increase.
This surge reflects the strong demand for USDC and Circle's role as a regulated player in the stablecoin market. Circle's valuation has risen from $6.8 billion to $21 billion.
This significant increase reflects the great market confidence in the company. Investors see its stablecoin as a key player in an evolving financial landscape.