#CircleIPO Circle Internet Group, the issuer of the USD Coin (USDC) stablecoin, made a remarkable debut on the New York Stock Exchange on June 5, 2025, under the ticker symbol "CRCL." Priced at $31 per share, the IPO exceeded expectations, raising approximately $1.1 billion through the sale of 34 million shares. The stock surged nearly 200% during its initial trading session, closing at $83.23 and valuing the company at over $18 billion.

This milestone marks the first public offering by a stablecoin issuer, reflecting growing investor confidence in blockchain-based financial services. USDC, Circle's flagship product, is the second-largest stablecoin with around $60 billion in circulation. The IPO's success also underscores the increasing institutional interest in the crypto sector, with firms like BlackRock and ARK Investment Management participating in the offering.

Circle's transition to a publicly traded company signifies a significant step in bridging traditional finance with the digital asset ecosystem, highlighting the mainstream acceptance of stablecoins in global financial markets.