Market · June 5, 2025
Circle (CRCL) IPOs on the NYSE, closing up ~168% on debut
Price at event
$101,581
Today
$73,405
Decline
-28%
Circle, the issuer of the USDC stablecoin, went public on the NYSE on June 5, 2025, pricing its upsized IPO above range at $31 per share and raising roughly $1.1 billion. The stock promptly closed up about 168% at $83.23 (touching $100 intraday), making it the first pure-play stablecoin issuer to trade publicly and arriving just as Washington was finalizing stablecoin legislation.
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