$USDC Circle, the company behind the USDC stablecoin, made its public debut on the New York Stock Exchange (NYSE) under the ticker "CRCL" on June 5, 2025. The IPO was highly anticipated, with shares priced at $31, above the initial expected range, and the offering upsized to 34 million shares, raising approximately $1.05 billion.

Circle's stock surged dramatically on its first day, opening at $69 and reaching highs over $100 before closing around $83, marking a 168% increase from its IPO price. This impressive performance values Circle at over $18 billion and signifies a significant milestone for the crypto industry, being the largest crypto-related public listing since Coinbase in 2021. The successful IPO underscores growing institutional interest and confidence in regulated stablecoin infrastructure.