Circle Soars 168% on NYSE Debut After Successful IPO

Circle Internet Group, the company behind the world’s second-largest stablecoin USDC, witnessed an unprecedented stock market surge of 168% on Thursday as it made its debut on the New York Stock Exchange. The Boston-based financial technology firm started trading at $69 per share, more than double its initial public offering price of $31. This remarkable performance exceeded all expectations and established Circle as a major player in the digital asset space.