#Liquidity101 Circle, the issuer of the USDC stablecoin, made its highly anticipated debut on the New York Stock Exchange (NYSE) on June 5, 2025, under the ticker symbol "CRCL". The company priced its initial public offering (IPO) at $31 per share, raising approximately $1.05 billion by selling 34 million shares. This pricing was above its initial expected range, reflecting strong investor demand.
The IPO marked a significant milestone for the cryptocurrency industry, showcasing mainstream acceptance of digital finance and stablecoins. Circle's stock soared on its debut, opening significantly above its IPO price and seeing substantial gains throughout the day. This successful listing positions Circle as a key player in the evolving financial landscape, with investors closely watching its performance and impact on the broader crypto market.