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Circle’s Stock Rips by 175% on First Day of Trading Amid Flood of Interest in the Stablecoin Issuer’s IPO
The shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social media platform X, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin (EURC) says its shares can now be traded on the New York Stock Exchange (NYSE).
Circle's stock (CRCL) is still gaining on Friday after it exploded higher in its first day of trading, rising as much as 200% ...
Circle Internet Group, the issuer of the USDC stablecoin, made a powerful public debut last week, with shares surging more ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Circle stock rose as much as 235% in its first day as a public company. The stablecoin market is having a moment, also ...
Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the ...
USDC issuer Circle's share price is still climbing on its second trading day as it came within pennies of quadrupling its $31 ...
The U.S.-based issuer of one of the most popular cryptocurrencies made its debut on the New York Stock Exchange on Thursday ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
By way of comparison, the price of Bitcoin (CRYPTO: BTC) in June 2020 was $10,000, and today it is over $100,000. So, while Bitcoin is growing at a multiple of 10x, stablecoins are growing at an even ...
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