#CircleIPO101 Circle Internet Financial, the issuer of the USDC stablecoin, successfully launched its IPO on June 4, 2025, listing on the NYSE under the ticker symbol CRCL. The company raised $1.1 billion by pricing its shares at $31, exceeding the anticipated range of $24–$26, and achieved a valuation of approximately $6.9 billion . This valuation marks a decline from its previous $9 billion valuation during a failed SPAC deal in 2022 . Circle's IPO reflects a broader trend of tech unicorns adjusting to more conservative market valuations, signaling a potential resurgence in the IPO market .