Circle’s post-IPO valuation surges to $66.9 billion, outpaces USDC supply

Circle’s market capitalization has quickly outpaced the circulating supply of its stablecoin USDC less than a month after the company went public. Data from CryptoSlate shows that USDC’s current circulating supply is approximately $61. 27 billion. Meanwhile, Circle’s market capitalization has surged to around $66 source: https://cryptoslate.com/insights/circles-post-ipo-valuation-surges-to-66-9-billion-outpaces-usdc-supply/