The first stock of stablecoin Circle continues to gain momentum, rising 8.85% in the night session

LB Select
2025.06.06 05:44
portai
I'm PortAI, I can summarize articles.

The first stock of stablecoins, Circle, continues to gain momentum, rising 8.85% in after-hours trading to $83.23. On June 5th, Eastern Time, Circle, the issuer of the world's second-largest dollar-pegged stablecoin USDC, officially listed on the New York Stock Exchange under the ticker symbol "CRCL." The stock opened with a surge of 122.58% to $69, reaching an intraday high of $103, with a maximum increase of 234.68%. Ultimately, the company's stock price closed at $83.23, with a single-day increase of 168.5%, and a total market capitalization exceeding $18 billion

The first stock of stablecoins, Circle, continues to gain momentum, rising 8.85% in after-hours trading to $83.23.

On June 5th, Eastern Time, Circle, the issuer of the world's second-largest dollar-pegged stablecoin USDC, officially listed on the New York Stock Exchange under the ticker symbol "CRCL." The opening price surged 122.58% to $69, reaching a peak of $103 during the trading session, with a maximum increase of 234.68%.

Due to excessive price volatility, Circle triggered a temporary trading halt during the session, ultimately closing at $83.23, with a single-day increase of 168.5% and a total market capitalization exceeding $18 billion