#CircleIPO Circle Internet Group (CRCL) made a remarkable debut on the New York Stock Exchange, raising $1.1 billion by selling 34 million shares at $31 each—surpassing expectations. This positions Circle, the issuer of the USDC stablecoin, with a market valuation of approximately $6.9 billion. The IPO was oversubscribed 25 times, highlighting strong investor confidence. With over $60 billion in USDC circulation and $25 trillion in on-chain transactions, Circle is a significant player in the crypto space. This successful IPO underscores Wall Street's growing acceptance of digital currencies and could pave the way for more crypto-related public offerings.(m.economictimes.com, barrons.com, thecryptobasic.com, apnews.com, marketwatch.com)