“It’s a tremendous opportunity as the world connects to this new form of currency on the internet,” Allaire told Bloomberg Television Friday in an interview. “We see tremendous opportunities to collaborate with major technology firms, major payments companies, major financial institutions, and we already do.”. Bloomberg reported that on Friday, Circle’s shares were up about 15% for the day and 300% since the company went public last week. The report also noted that stablecoin legislation is moving through the U.S. Congress, that Shopify said Thursday (June 12) that it will enable merchants to accept Circle’s USDC stablecoin for payments, and that it was reported that Amazon and Walmart are considering using stablecoins

Chime listed on Thursday, and shares soared 38% in the first day of trading. Circle has gained more than 28% in the past five trading days. As reported here, blockchain firm Ripple launched a partnership with Circle. The collaboration brings Circle’s USDC stablecoin to Ripple’s XRP Ledger (XRPL) blockchain, per this week’s announcement. The announcement came one day after Circle formed an expanded partnership with World, a digital identity company known for its eyeball-scanning technology