#CircleIPO

Circle, the company behind the USDC stablecoin, debuted today on the New York Stock Exchange under the ticker CRCL. The initial public offering (IPO) raised 1.1 billion dollars, with an offering price of 31.$ per share. The shares surged to 103.75 $, tripling their initial value and valuing the company at over 17.5 billion dollars. This milestone marks a significant advancement for the crypto sector, consolidating Circle as a pioneer in the integration of digital and traditional finance.