#CircleIPO

Circle Internet Group, issuer of the USDC stablecoin, debuted on the New York Stock Exchange on June 5, 2025, under the symbol "CRCL". The initial public offering (IPO) consisted of the sale of 34 million shares at $31 each, raising approximately $1.1 billion and reaching a market valuation of $6.9 billion. The shares closed with a 168% increase, settling at $83.23. USDC, with $60.1 billion in circulation, is the second most used stablecoin. This event marks one of the most notable public offerings in the crypto sector since Coinbase's in 2021.