#CircleIPO Circle Internet Financial, the issuer of the USDC stablecoin, successfully completed its initial public offering (IPO) on the New York Stock Exchange (NYSE) under the ticker CRCL. The company raised $1.05 billion by selling 34 million shares at a price of $31 each, reaching a valuation of approximately $8 billion.

This IPO became one of the largest in 2025 and reflects the growing interest of investors in cryptocurrency-related firms transitioning to traditional financial markets. USDC from Circle is the second-largest stablecoin by market capitalization, second only to Tether's USDT. The company also issues the EURC stablecoin, pegged to the euro.

The offering was significantly oversubscribed, indicating strong institutional demand. Notable investors such as ARK Invest and BlackRock expressed interest in Circle's shares.

Founded in 2013 by Jeremy Allaire and Sean Neville, Circle has evolved into a significant player in the crypto industry. The company's revenues include interest income from the reserves backing its stablecoins and growing attention to payment services.