Summary
- Circle's market capitalization has reached $63.89 billion, surpassing the circulating supply of USDC.
- Circle's stock price nearly hit $300 during intraday trading, but closed at $263.45.
- Currently, Circle is trading at $270.54 in over-the-counter trading, up 2.7% from the previous day.
The market capitalization of stablecoin issuer Circle (CRCL) has surpassed the circulating supply of USDC.
According to Wu Blockchain on the 23rd (local time), Circle's market cap at the close of trading stood at $63.89 billion. This exceeds the current amount of USDC in circulation by Circle, which is approximately $61.68 billion.
Circle's stock price approached $300 at one point during the session. However, after giving back part of its gains, it closed at $263.45. Currently, in over-the-counter trading, Circle is trading at $270.54, up 2.7% from the previous day.
Heecheol Yang
heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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