#CircleIPO #CircleIPO

Circle, the issuer of the USDC stablecoin, has officially listed on the New York Stock Exchange (NYSE) under the ticker CRCL on June 5, 2025. The company raised $1.05 billion through the sale of 34 million shares at $31 per share, surpassing the initially projected price of $24–26. This IPO values Circle at approximately $6.9 billion, reflecting strong investor interest in the stablecoin sector. USDC currently has about $61 billion in circulation and has processed over $25 trillion in transactions since its launch. Circle reported revenue of $1.7 billion in 2024, primarily from interest on reserve assets, indicating sustainable growth potential in an increasingly widely recognized crypto market.