Circle’s successful debut on the New York Stock Exchange has reportedly encouraged other crypto firms, including Gemini, to pursue IPOs

Quotes that support claims

Industry watchers noted that the success of an IPO as big as Circle could spur others to quickly follow in the stablecoins footsteps.

Analysts said Circle's successful debut could encourage more cryptocurrency firms to pursue public listings, adding that the trajectory is likely to embolden others eyeing stock market debuts.