NYSE, Circle and stablecoin
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Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach. Read why CRCL stock is a hold.
Circle’s stock price soared alongside its IPO, capturing Wall Street’s growing embrace of digital dollars for years to come, analysts say.
The race to embrace stablecoins is heating up, with major issuer Circle (CRCL) soaring in its first days of trading while the biggest banks in the US explore how to compete with Circle by issuing their own coins.
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Cryptopolitan on MSNCircle leads stock market comeback as gold slips, Bitcoin and dollar surgeCircle pushed markets into rally mode on Friday after its shares spiked 48%, extending the chaos it kicked off with a massive NYSE debut the day before.
Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the New York Stock Exchange a day earlier.
Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial public offering (IPO) process.
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 billion.
During an April interview, Tether CEO Paolo Ardoino unloaded on competitor Circle and its big Wall Street plans.