#CircleIPO Circle Internet Group, issuer of the USDC stablecoin, launched its IPO on June 5, 2025, raising $1.05 billion by selling 34 million shares at $31 each, valuing the company at $8.06 billion. Listed on the NYSE under “CRCL,” Circle’s IPO was 25x oversubscribed, reflecting strong investor confidence. USDC, with a $60 billion market cap, is the second-largest stablecoin after Tether. Backed by J.P. Morgan, Citigroup, and Goldman Sachs, Circle aims to expand globally and develop tokenized financial products.