<ul><li>Circle Internet Group, the fintech giant behind USDC stablecoin, had a successful IPO on the New York Stock Exchange, with its stock soaring 168% from its IPO price of $31 to $83.23.</li><li>Circle is known for its USDC stablecoin, valued at over $61.5 billion, and serves as a bridge between traditional finance and the crypto ecosystem for institutions, banks, and payment platforms.</li><li>The IPO reflects growing institutional confidence in blockchain infrastructure and the rising demand for regulated stablecoins in global finance, potentially paving the way for more crypto firms to explore public listings.</li><li>Investors saw CRCL's price surge from $31 to over $100 within hours of trading, with the stock currently trading at $107.44, indicating significant interest in the stablecoin economy and its impact on Wall Street.</li></ul>

Circle Stock Explodes After IPO: What’s Behind USDC's Wild Debut?

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