Circle’s highly anticipated IPO on the New York Stock Exchange saw a dramatic surge, with shares increasing by a staggering 160%. This remarkable performance was driven by investor interest in the company’s USD Coin (USDC), a stablecoin that is gaining traction in traditional financial markets. CEO Jeremy Allaire led the public debut ceremony, ringing the NYSE bell. This success underscores Circle’s growing integration into traditional finance and its reliance on USDC’s stability for investor confidence. The IPO raised $1.1 billion, exceeding expectations and valuing Circle at approximately $6.9 billion. Circle’s stock price jumped to $103.75 per share in just minutes after trading began, indicating strong investor enthusiasm. This debut set a significant precedent for future crypto company listings on traditional markets.