Circle surges 167% as traders pile into the stablecoin giant's stock-market debut

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• Circle stock surged on its first day as a publicly traded company.
• The stock rose as much as 235% on Thursday, ultimately ending the session with a gain of 167%.
• Stablecoins are having a moment, with a bill aimed at boosting the space moving through Congress.

Stablecoin issuer Circle saw its stock soar well into the triple digits in its stock-market debut on Thursday.

Shares surged as much as 235% to an intraday...