#我的交易风格 Circle's first day on the market was explosive, with the stock price briefly exceeding $100!

The issuer of the USDC stablecoin, Circle (CRCL), today debuted on the New York Stock Exchange, with an IPO price of only $31. During the trading session, it skyrocketed past $100 and is currently trading at $75.90, showing an astonishing increase. Wall Street officially welcomes a new player in the crypto space!

As the issuer of the USDC stablecoin, Circle not only serves the crypto market but is also seen as the cornerstone of the 'on-chain dollar.' With the U.S. regulatory stance gradually becoming clearer and institutions like BlackRock actively positioning themselves, Circle is gradually building a bridge between the crypto world and traditional finance.

Of course, challenges are also intensifying. Tether still dominates the stablecoin market. Whether Circle can continue to expand its market share and enhance revenue transparency will determine if it deserves the future valuation of hundreds of billions of dollars.

Whether it ultimately becomes a new generation of 'financial infrastructure' or a temporary funding frenzy, Circle's listing has already fired the first shot in the integration of Wall Street and on-chain finance.