#CircleIPO Circle Internet Group, issuer of the USDC stablecoin, debuted on the NYSE under ticker CRCL, raising $1.05 billion by selling 34 million shares at $31 each, exceeding the $27-$28 range. The IPO, oversubscribed 25x, reflects strong investor demand, valuing Circle at $6.8 billion, potentially $8.1 billion with options. This milestone highlights growing stablecoin acceptance and a crypto-friendly U.S. regulatory shift, bolstered by the GENIUS Act. Circle’s revenue was $1.68 billion in 2024, down from 2023, but the IPO positions it as a key player in fintech and crypto infrastructure, competing with Tether.