#CircleIPO

The largest public offering of a stablecoin to date

Circle Internet Group, the issuer of the USDC stablecoin, has conducted one of the largest IPOs of 2025. On June 4th, it placed 34 million shares at $31 each, raising about $1,050 million, a figure greater than expected. The price reflects strong institutional demand for crypto-infrastructure assets, with a primary valuation between $6.8 and $7.2 billion and potential to rise to $8 billion including options.

The stock market debut, under the symbol CRCL on the New York Stock Exchange, marks a key milestone in the integration of stablecoins into the traditional financial system. USDC, with over $60 billion in circulation, represents a stable and regulated asset compared to more volatile cryptocurrencies.

Backed by major banks like J.P. Morgan and Goldman Sachs, the offering paves the way for new IPOs in the crypto space, especially if stablecoin regulation is activated soon.