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Circle shares (CRCL) opened strongly and more than tripled within the first 30 minutes of trading, triggering multiple volatility halts and briefly lifting the company’s market cap above $70 billion

James Toledano, COO of Unity Wallet, said Circle's upsized IPO reflects growing institutional belief that stablecoins like USDC will become core components of modern finance, aligning with the token’s rise to a $64 billion scale

Circle debuted on the NYSE under the ticker CRCL, raising $1.1 billion by selling shares, with its stock surging sharply after the IPO went live

Circle’s IPO was upsized by 15% amid strong demand, with its valuation ranging from $21 billion based on listed shares to a fully diluted figure of $26–$28 billion

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