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News Explorer — Circle Stock Skyrockets on Debut as NYSE Halts Trading

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Jun 5, 4:57 pm
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Circle Stock Skyrockets on Debut as NYSE Halts Trading

Circle Internet Group, the issuer of USDC, saw its share price triple on the NYSE debut after raising $1.1 billion and being oversubscribed. CEO Jeremy Allaire highlighted the milestone of becoming a public company, with USDC having a $61 billion market cap as a key indicator of circulation.

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