#CircleIPO

Circle Internet Group, the issuer of the USDC stablecoin, made a remarkable debut on the New York Stock Exchange under the ticker "CRCL". Priced at $31 per share, the IPO raised approximately $1.1 billion, valuing the company at around $6.8 billion. Shares opened at $69 and surged to as high as $103.75, reflecting strong investor enthusiasm and a growing appetite for crypto infrastructure firms. This successful listing signals a significant shift in Wall Street's approach to digital assets, especially stablecoins. With USDC's market cap exceeding $61 billion and over $25 trillion in transactions facilitated since its inception, Circle's public offering underscores the increasing integration of cryptocurrencies into mainstream finance.