Circle, the issuer of the world's second-largest stablecoin USDC, has seen its stock price surge more than fivefold since its listing on the New York Stock Exchange on June 5. The significant increase in value highlights growing investor confidence in the company's role in the evolving stablecoin market. Everbright Holdings became a shareholder in Circle in 2016, with China Renaissance Capital joining as an investor in 2018. Analysts suggest that stablecoins are poised to transform the global payment and financial landscape, marking a pivotal moment for the industry.