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Circle USDC issuer rockets in NYSE debut as stablecoin hype hits public markets
Business
Published on 24 April 2026
Shares surged above 96 dollars before settling much lower
Circle, the issuer of the USDC stablecoin, made a blockbuster debut on the NYSE. Its shares jumped to above $96 at one point before closing at $83.23, signaling strong investor appetite. The move comes as stablecoin competition intensifies and US regulators push for clearer rules. Circle also cites massive transaction scale, with $25 trillion in volume.
- Circle debuted strongly on the NYSE with shares briefly topping $96
- It closed at $83.23, highlighting volatile but bullish trading
- The IPO underscores investor demand amid growing stablecoin competition
- Circle points to scale, claiming $25 trillion in transaction volume
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times