#CircleIPO Circle Internet Group, the issuer of the USD Coin (USDC) stablecoin, made a remarkable debut on the New York Stock Exchange (NYSE) under the ticker symbol CRCL on June 5, 2025. The company's initial public offering (IPO) was priced at $31 per share, above the anticipated range of $27–$28, and involved the sale of 34 million shares, raising approximately $1.1 billion.

On its first trading day, Circle's stock surged by 168%, closing at $83.23 per share. This performance valued the company at approximately $18.36 billion, marking one of the most successful IPOs for a crypto-related firm since Coinbase's 2021 listing.

Circle's flagship product, USDC, is the second-largest stablecoin by market capitalization, with around $60 billion in circulation. Since its launch in 2018, USDC has facilitated over $25 trillion in on-chain transactions.

The successful IPO reflects growing investor confidence in the cryptocurrency sector, particularly in stablecoins, and positions Circle as a significant player in the evolving digital financial landscape.