Stablecoin issuer Circle is set to go public on the New York Stock Exchange on June 5, 2025, under the ticker symbol CRCL. Due to strong market demand, the company has expanded the IPO size to 34 million shares, raising approximately $1.1 billion. On its first day of trading, the stock performed strongly, closing at $83.23, up 168% from the issue price. Circle is the issuer of the USDC stablecoin, with annual revenue primarily coming from interest on held government bonds. This successful listing is seen as a significant milestone for the cryptocurrency industry, boosting market confidence in stablecoins and crypto finance.