The crypto company behind the USDC stablecoin, opened to an all-time high (ATH) of $165.60 on June 16 as the Israel-Iran conflict entered into its fourth day.

As reported earlier, Circle earlier reportedly rejected acquisition bids by crypto industry giants such as Ripple and Coinbase

It later made an impressive IPO debut on June 5 as it opened at $69, 124.19% above the IPO price of $31. The IPO was underwritten by a group of Wall Street giants, including JP Morgan Chase, Citigroup, and Goldman Sachs.