#CircleIPO Circle debuts on the NYSE with an impressive increase of 168%

Circle, the company behind the USDC stablecoin, has made history by debuting on the New York Stock Exchange (NYSE) under the symbol $CRCL. The stock launched at $31 and closed its first day at $83.23, marking an increase of 168% and a market capitalization close to $19 billion.

📌 Key points:

Record fundraising: $1.1 billion through the sale of 34 million shares.

Massive demand: The initial public offering was oversubscribed more than 25 times.

USDC expansion: Over $25 trillion in transactions since its launch, with $6 trillion alone in the first quarter of 2025.

CEO Jeremy Allaire expressed on X (Twitter):

> “Our transformation into a public company is a significant milestone. The world is ready to move to an internet-based financial system.”

This successful debut not only validates the importance of stablecoins in modern finance but also reinforces institutional confidence in regulated digital assets.