For Circle's initial public offering (IPO), the significance lies in the fact that it has elevated stablecoins, which were previously recognized only by a select few, to the "mainstream stage" and garnered the favor of some of the traditional "old money." Last Thursday evening, Circle, the issuer of the world's second-largest stablecoin USDC (with approximately 25% market share), officially listed on the New York Stock Exchange (NYSE). The IPO price was set at $31 per share. During the tradin...