The market capitalization of Circle exceeds its own stablecoin

The explosive entry of Circle in public markets has driven the evaluation of its shares beyond the value of its flagship tablecoin USDC.

Only 12 trading days after their IPO, the shares of Circle have increased by over 700% and have increased the company's market capitalization to around $ 62 billion – and thus put the circulation value of USDC in the amount of $ 60 billion.

The offer, the price of which was originally at $ 31 per share, amazed the markets with a record -breaking debut and rose by over 160%on the first day. Since then, the dynamics have continued because investors' interest has increased due to the optimism in the area of the stable coin and the favorable regulatory developments in the USA.

Analysts attribute part of the upswing of Circle to the recently passed adoption of the Genius Act by the Senate, a draft law that is intended to create legal clarity for stable coins. The draft law still has to be adopted by the House of Representatives, but political signals indicate that it is likely to be accepted, especially since Donald Trump has signaled his support.

Circle's rapid rapid rating has again triggered comparisons with other companies in the industry. The right analyst John Deaton speculated that other companies such as Ripple, which holds crypto reserves in billions in billions, could take a similar way towards an assessment of $ 100 billion if circle maintains this course.

While USDC is still the focus of the Circle's business activity, the company's IPO has opened a new chapter in which not only the tokens, but the company itself is in the spotlight.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.