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Circle’s market capitalization Quickly overcome the circulation supply of its stablecoin USDC Less than a month after the company has published.
Data from Cryptoslate It shows that the current USDC circulation offer is approximately $ 61.27 billion. Meantime, The circle is According to Yahoo Finance, market capitalization has increased.
The fast climb Circle can be associated with the stunning success of its initial public offer, which forced its shares to the top of approximately $ 280 per share at the time of writing from the initial price of $ 31.
Jon Ma, CEO of Blockchain Analytics Company Artemis, he explained The fact that the performance of shares shows that the price market in significant future growth is potentially bound to the role of Circle in the wider infrastructure of Stablecoin and payments.
According to him, the valuation of Circle is more than 24.2 times higher than in Q1 2025 sales, 60.7 times its gross profit rate and 216 times higher than its net income rate.
