#CircleIPO Circle Internet Group, the issuer of the USDC stablecoin, filed its S-1 registration with the SEC on May 27, 2025, signalling its intent to go public under the ticker “CRCL” on the NYSE. As the second-largest stablecoin issuer—USDC has over $60 billion in circulation—this IPO is positioned to raise around $1.1 billion by selling 34 million shares at roughly $31 each, valuing the company near $8 billion.

Taking USDC public represents a milestone for crypto firms bridging into traditional finance. By listing, Circle gains fresh capital to expand its global payments infrastructure and strengthen reserve backing for USDC, which has already facilitated over $25 trillion in on-chain transactions since 2018. Of course, trading shares involves navigating U.S. regulatory scrutiny—Circle must maintain strict reserve audits and comply with future rules under MiCAR and U.S. agencies. Still, in a friendlier U.S. climate for crypto, this IPO could set a precedent for more stablecoin and token-based companies eyeing Wall Street. #CircleIPO