#CircleIPO Circle, the issuer of the stablecoin USDC, on June 4, 2025, conducted one of the largest IPOs of the year, raising $1.1 billion. The company sold 34 million shares at $31 each, exceeding the expected range of $27–28, and achieved a valuation of approximately $6.9 billion. The shares are traded on the New York Stock Exchange under the ticker CRCL. Demand for the IPO exceeded supply by 25 times, indicating a high level of investor interest in crypto infrastructure. Circle plans to expand its operations in the payments sector and will benefit from a more favorable regulatory climate in the USA.