#CircleIPO Circle Internet Group Inc., the issuer of the USDC stablecoin, made a remarkable debut on the New York Stock Exchange (NYSE) on June 5, 2025, under the ticker symbol CRCL. The company’s initial public offering (IPO) was priced at $31 per share, above the anticipated range of $27–$28, and raised approximately $1.1 billion through the sale of 34 million shares.  

Investor enthusiasm propelled the stock to open at $69, surge to a high of $103.75, and close at $83.23, marking a 168% increase from the IPO price. This performance valued Circle at around $18.36 billion, making it one of the most successful crypto-related IPOs since Coinbase’s listing in 2021.  

Circle’s strong financials contributed to investor confidence. In the first quarter of 2025, the company reported a net income of $64.79 million on revenues of $578.57 million. USDC, Circle’s flagship stablecoin, has facilitated over $25 trillion in transactions since its 2018 launch, with $6 trillion processed in Q1 2025 alone. 

The IPO’s success underscores growing institutional interest in stablecoins and may pave the way for other fintech firms, such as Chime and Klarna, to consider public offerings.