#CircleIPO Circle Internet Group, the issuer of the USDC stablecoin, is set to make history with its initial public offering (IPO) on June 5, 2025, marking the first stablecoin issuer to go public on the New York Stock Exchange under the ticker symbol "CRCL" . The company plans to offer 32 million shares at a price range of $27 to $28, aiming to raise up to $896 million and achieve a valuation of approximately $7.2 billion .

This move comes amid growing investor interest in stablecoins and a more favorable regulatory environment in the U.S. Notably, major institutional investors like BlackRock and Ark Invest have expressed interest in participating in the offering . Circle's USDC is currently the second-largest stablecoin by market capitalization, with around $60 billion in circulation .

The IPO is seen as a significant step toward mainstream adoption of stablecoins and could pave the way for other crypto firms to enter public markets.