#加密概念美股 Circle's first day on the market was explosive, with the stock price briefly surpassing $100!

The issuer of the USDC stablecoin, Circle (CRCL), today made its debut on the NYSE, with an IPO price of only $31. During trading, it surged past $100 and is currently reported at $75.90, showing an astonishing increase. Wall Street officially welcomes a new crypto heavyweight!

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 regulatory stance in the U.S. 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, and whether Circle can continue to expand its market share and enhance revenue transparency will determine if it deserves a future valuation of hundreds of billions of dollars.

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