#CircleIPO Circle Internet Group, the issuer of the USDC stablecoin, successfully launched its IPO on the New York Stock Exchange under the ticker symbol "CRCL." Priced at $31 per share, the stock surged 123% on its debut, reaching $69 and valuing the company at approximately $18 billion. The IPO raised around $1.1 billion through the sale of 34 million shares, reflecting strong investor confidence in stablecoins and crypto infrastructure. Circle's USDC, pegged 1:1 to the U.S. dollar, has over $61 billion in circulation and has facilitated more than $25 trillion in transactions since its launch.