Circle IPO soars giving hope to more startups waiting to go public
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at 31 set the previous day.The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid the Trump administration’s supportive stance on crypto assets. The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for up ...