#TradingTypes101
On June 5, 2025, Circle, the issuer of the stablecoin USDC, launched its shares for public subscription on the New York Stock Exchange under the ticker symbol CRCL. The share was priced at $31, but it opened trading at $69 and peaked at $103.75, reflecting a 235% increase from the offering price. Circle raised approximately $1.1 billion from the sale of 34 million shares, bringing its market value to nearly $20.4 billion. This move is one of the largest public offerings by a company operating in the digital currency space since Coinbase's listing in 2021, and it reflects growing investor confidence in stablecoins and their role in the digital financial system.