Stablecoin bigwig Circle soars in debut on the New York Stock Exchange
From Yahoo Finance: 2025-06-05 08:44:00
Circle Internet Group, issuer of popular cryptocurrencies, debuted on NYSE with shares priced at $31, raised to 34 million. USDC stablecoin trades 1-to-1 with USD, EURC with euros. Stock price soared to $96, closed at $83.23. USDC used for $25 trillion in transactions, revenue grew from $15M to $1.7B. Regulatory push for stablecoin oversight. New Trump family-owned stablecoin, USD1, enters market. Circle emphasizes values amidst competition.
Read more at Yahoo Finance: Stablecoin bigwig Circle soars in debut on the New York Stock Exchange