PANews reported on June 6 that according to an announcement by China Renaissance Capital (a Hong Kong-listed company), Circle, an investment company of its New Economy Fund, was successfully listed on the New York Stock Exchange on June 5, Eastern Time, with the stock code CRCL, marking the first IPO in the global stablecoin track. Circle operates stablecoin infrastructure such as USD Coin (USDC) and has received investment from China Renaissance since 2018.