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Stablecoin heavyweight Circle soars in debut on the New York Stock Exchange
The stock price soared and opened at $69.50, a gain of 124 percent. In afternoon trading, shares traded at $92.68. Circle’s initial public offering is one of the biggest public listings for a crypto-related company in years.
Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
The timing is razor-sharp. With crypto volatility through the roof, stablecoins are the ultimate safe harbor. Sure, Tether ...
Circle's $1.1 billion IPO on Thursday highlighted Wall Street's increasing interest in stablecoins, particularly Ethereum.
The total market capitalization of stablecoins has reached $250 billion. Stablecoin reserves now account for nearly 0.9% of ...
The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet ...
Circle’s stock price soared alongside its IPO, capturing Wall Street’s growing embrace of digital dollars for years to come, ...
Cryptopolitan on MSN1d
Binance controls 59% of all stablecoin reserves on CEXs, reveals dataBinance, the biggest crypto exchange by trading volume, controls 59% of all stablecoin reserves across centralized exchanges, ...
Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it ...
Key Takeaways USDT leads the stablecoin market with over 64% share and unmatched global liquidity.USDC is rapidly growing ...
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