#CircleIPO Circle Internet Financial, the issuer of the USDC stablecoin, has successfully launched its initial public offering (IPO), raising $1.05 billion by selling 34 million shares at $31 each. This pricing, above the initial $27–$28 range, values the company at approximately $8 billion .  

The IPO marks a significant milestone for Circle, which has seen rapid revenue growth—from $15 million in 2020 to $1.7 billion in 2024 . The company attributes this growth to its USDC stablecoin, which has facilitated over $25 trillion in on-chain transactions since its inception and currently has over $61 billion in circulation .  

Circle’s IPO debut on the New York Stock Exchange under the ticker symbol “CRCL” reflects growing investor confidence in cryptocurrency-related firms transitioning into traditional finance markets