Circle, the company behind the stablecoin USDC, experienced a successful IPO debut on the New York Stock Exchange (NYSE). The company left approximately $1.72 billion on the table due to underpricing, marking one of the largest underpricings in recent decades. Despite this success, Circle now faces the challenge of maintaining its momentum in a volatile market. While there is excitement surrounding the relationship between Circle and interest rates, caution is advised due to the unpredictable nature of cryptocurrency markets. — new from MarketWatch