๐ Circle's IPO: A Milestone for Crypto Finance ๐
Circle Internet Group, the issuer of the USDC stablecoin, made a remarkable debut on the New York Stock Exchange under the ticker โCRCLโ on June 5, 2025. The stock surged 168% on its first day, closing at $83.23 from an IPO price of $31, raising $1.1 billion and valuing the company at over $18 billion .
This historic IPO marks the first U.S. listing of a stablecoin issuer, signaling strong investor confidence in regulated digital assets. With USDC facilitating over $25 trillion in transactions since its launch, Circle's success underscores the growing integration of crypto into mainstream finance .
