Today, the Crypto Assets sector welcomes a milestone moment. As the issuer of the USDC stablecoin, Circle (CRCL) has officially listed on the New York Stock Exchange. This company, regarded as the cornerstone of the "on-chain dollar", priced its IPO at $31, but the stock price quickly broke through the $100 mark, before falling back to $75.90, still maintaining an impressive rise.



Circle's IPO not only marks an important development in the crypto industry but also symbolizes the integration of traditional finance with the world of digital assets. As a key player connecting Crypto Assets and fiat currencies, Circle is playing an increasingly important role.

Recently, with the gradual clarification of the regulatory environment in the United States and traditional financial giants like BlackRock actively laying out their strategies in the digital asset space, Circle's strategic position has become increasingly prominent. The company is working hard to build a bridge connecting the crypto world and the traditional financial system, paving the way for a deep integration of the two fields.

The successful listing of Circle will undoubtedly further enhance the credibility and influence of the Crypto Assets industry. This is not only recognition for the company itself but also an important step for the entire Crypto Assets ecosystem towards mainstream adoption. As more similar companies enter the public market, we may be witnessing the dawn of a new financial era.
USDC0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
BearMarketBrovip
· 07-08 18:11
Just know that when regulation comes, it will To da moon.
View OriginalReply0
ImpermanentSagevip
· 07-07 15:59
Is hot money about to start running again?
View OriginalReply0
MevHuntervip
· 07-06 00:50
It still depends on BTC's mood.
View OriginalReply0
Web3ProductManagervip
· 07-06 00:46
looking at these adoption curves... circle's dau/mau ratio gonna be insane post-ipo tbh
Reply0
GasWranglervip
· 07-06 00:45
technically speaking... their mempool latency metrics are sub-optimal tbh
Reply0
MetaNeighborvip
· 07-06 00:45
Bull, it took off on the first day.
View OriginalReply0
LiquidityHuntervip
· 07-06 00:39
The price rose from 31 to 75.9, with an arbitrage space of up to 145%, which is outrageous.
View OriginalReply0
GasGuzzlervip
· 07-06 00:23
amazing this wave of usdc
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)