On June 5, 2025, Circle, the issuer of the stablecoin USDC, launched its shares for public offering on the New York Stock Exchange under the ticker symbol CRCL. The share was priced at $31 and surged by 168% to close at $83.23, raising the company's market capitalization to approximately $18.4 billion.

Circle raised about $1.1 billion through the sale of 34 million shares, supported by major financial institutions such as JPMorgan, Goldman Sachs, and Citigroup. This move marks a milestone in the cryptocurrency market, demonstrating the growing interest of investors in regulated digital assets.

USDC is the second-largest stablecoin by market capitalization, reaching $60.1 billion in trading across 4.9 million wallets. These figures highlight Circle's significance in the financial technology sector.

The success of this offering is expected to encourage other fintech companies to enter public markets, especially given the supportive regulatory trends for digital currencies.