<ul><li>Circle, the stablecoin operator behind USDC, saw its shares soar 235% on its first day of trading on the New York Stock Exchange.</li><li>The company's valuation reached nearly $19 billion, and its cofounder became a billionaire overnight.</li><li>Circle's IPO raised over $1 billion and had major demand from institutional investors like J.P. Morgan, Citigroup, and Goldman Sachs.</li><li>This milestone IPO makes Circle the first stablecoin issuer to list publicly, marking mainstream validation of blockchain-based payment tools.</li></ul>

Circle Shares Soar 235% on First Day of NYSE Trading

Discover more