On the first day of its U.S. IPO, Circle Internet Financial Inc. (CRCL), a leading issuer of stablecoins, witnessed a remarkable surge of 122.58%, opening at $69 per share. This robust performance followed an IPO issue price of $31 per share. The company's stock subscription multiple exceeded 20 times, culminating in a final issuance of 34 million shares. This exceptional first-day trading performance garnered significant attention from the market.