Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire

In its NYSE debut, the USDC issuer’s stock surged more than 200% to a $19 billion market cap. Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder …