币界网报道：Circle's stock price has more than doubled since its public debut, sparking a sharp divide among Wall Street analysts. The stablecoin issuer's shares surged over 100% in early trading after its IPO, defying initial skepticism from some financial experts. While bullish analysts highlight Circle's dominant position in the USD Coin (USDC) market and growing institutional adoption, critics point to regulatory uncertainties and competition from Tether. The company's market capitalization now exceeds $9 billion, reflecting investor optimism about its role in bridging traditional finance and crypto. This performance makes Circle one of the most successful fintech IPOs in recent months, though debate continues about its long-term valuation prospects in the volatile crypto market.