adoption

Circle Internet Financial’s NYSE IPO on June 5 priced at $31 per share, opened at $69, surged about 800% to over $270 within two weeks, pushing Circle’s market cap above $60 billion and the deal was oversubscribed roughly 25×. Coinbase and Kraken secured MiCA licenses to operate across all 27 EU member states (Luxembourg for Coinbase, Ireland for Kraken), and Kraken launched the Krak mobile app enabling transfers across 110 countries in 300+ assets. Mastercard announced partnerships to integrate stablecoins—USDC, Paxos USDP, PayPal PYUSD, and FIUSD—across its payments network, while Fiserv launched FIUSD for institutional use and partnered with PayPal