Circle stock keeps rising as investors envision a bright future for stablecoins

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Last Updated on 16 June 2025 by CryptoTips.eu

While the Middle East is burning (due to the expanding war between Israel and Iran) and investors are looking for safe havens, Circle’s stock has continued to rise ever since its IPO a week ago. This shows once again that investors realize that there is a future for stablecoins, the digital currencies whose value is linked to well-known fiat currencies such as the US dollar or the European Euro. They are especially popular for international money transfers by immigrants wanting to provide money to the family back home.

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Circle is the company that provides stablecoin USDC, the second largest stablecoin on the crypto market after Tether (or USDT). Given the success of BlackRock’s iBit fund, it was to be expected that Circle’s IPO would do well as US investors are excited about all things crypto at the moment, but this success story took everyone by surprise. Circle was touted by analysts to debut at $30, and is already trading at $125 a week after its IPO.

It is expected that with the success of Circle’s IPO, other large crypto companies will soon be IPOing as well.

BlackRock already took a large interest in Telegram (which issues the cryptocurrency Toncoin) and if Tether can ever sort out its regulatory obligations in the US, these are likely the next two big investment opportunities.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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