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Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
Circle stock rose as much as 235% in its first day as a public company. The stablecoin market is having a moment, also ...
The stablecoin issuer's initial public offering is widely seen as a bellwether for the cryptocurrency industry at large.
Circle Internet Group Inc.’s white-hot debut on Thursday gives the US IPO market a crypto-fuelled shot of adrenalin that ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Stablecoins are a fast-growing corner of the cryptocurrency industry that offer a buffer against volatility because they are ...
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest ...
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