US Stock Market Move | The stablecoin leader Circle (CRCL.US) rose more than 8%, with USDC holding approximately 27% of the market share.

Following a more than 29% increase in stock price last Friday, the leading stablecoin company Circle (CRCL.US) saw another surge of over 8% on Monday, closing at $116.54 per share. On Thursday of last week, the company officially debuted on the New York Stock Exchange with a first-day increase of over 168%. It is reported that Circle's USDC stablecoin holds approximately 27% of the stablecoin market share, ranking second after Tether USDT which dominates 67% of the market.