As of Monday’s close, the market capitalization of $Circle Internet Corp.(CRCL)$ , the issuer of the stablecoin USDC, reached $63.89 billion. This means Circle’s stock market value has now surpassed the total USDC in circulation, which stands at approximately $61.68 billion. During Monday’s session, Circle’s stock price briefly approached $300 before closing at $263.45.
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