The cryptocurrency company, which offers fully backed digital money for rapid global payments around the clock, priced its IPO above the expected range.

USDC stablecoin issuer Circle Internet Group made a powerful and successful public stock debut. The listing is seen as a key step for integrating stablecoins into the global financial system.

The shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social media platform X, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin (EURC) says its shares can now be traded on the New York Stock Exchange (NYSE).