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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’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
The timing is razor-sharp. With crypto volatility through the roof, stablecoins are the ultimate safe harbor. Sure, Tether ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
In DeFi, a serious USDC rival for Circle is unlikely to emerge anytime soon, according to analysts at investment bank Compass Point.
The total market capitalization of stablecoins has reached $250 billion. Stablecoin reserves now account for nearly 0.9% of ...
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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’s stock price soared alongside its IPO, capturing Wall Street’s growing embrace of digital dollars for years to come, ...
Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it ...
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