On its first day of trading, Circle's stock price soared 434%, with a market capitalization exceeding $33.6 billion.

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Gate News bot news, on June 16th, US time, stablecoin USDC issuer Circle performed strongly on its first day of trading in the US stock market. Data shows that Circle’s stock price once reached a high of $165.60, and finally closed at $151.06, rising 434% from the issuance price of $31, with the company’s market capitalization reaching $33.617 billion.

According to statistics from the Wu Shuo team, the major global stablecoin projects include USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD. The statistics cover information such as market capitalization, issuers, and collateral of each project.

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