On June 16 (U.S. time), Circle’s stock price peaked at $165.60 and closed at $151.06, giving the company a market capitalization of $33.617 billion. This marks a 434% increase from its IPO price of $31, continuously setting new all-time highs. The Wu Blockchain team compiled data on the market capitalization, issuers, and collateral types of the top 10 stablecoin projects, including USDC (issued by Circle). These stablecoins are: USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD.
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