Circle Internet is betting on wider use of its USDC digital currency, which is redeemable one-for-one with the U.S. dollar.

Stablecoin issuer Circle Internet Group (CRCL) is making its IPO debut on Thursday, stirring optimism across the crypto and equity markets. Brianne Lynch, EquityZen Head of Market Insight, joins the Morning Brief team to break down what Circle’s momentum means for the IPO landscape and investor appetite for these emerging companies.

Fintech firm Circle Internet Group on Wednesday priced its upsized initial public offering above its expected range. Shares are expected to debut Thursday on the New York Stock Exchange under the ticker "CRCL.