Circle, the issuer of the USDC stablecoin, has made its public trading debut on the New York Stock Exchange (NYSE) with its CRCL shares listed. This milestone follows a significant increase in their initial public offering (IPO), which was upsized to $1.05 billion due to high demand. Circle CEO Jeremy Allaire emphasized the importance of this step, stating that it marks a major transformation in the global economic landscape as it aligns with internet advancements. The company was co-founded 12 years ago with the vision of transforming the economic system by building it natively on the internet. Allaire received congratulations from notable figures in the crypto space, underscoring the event's significance in cryptocurrency history.

Source 🔗