Circle’s shares (CRCL) began to negotiate on the New York Stock Exchange (NYSE) on Thursday, opening $ 69 per share at the start of negotiations, 123% above the $ 31 price it had set the day before.
The company announced on Wednesday evening that it had sold around 34 million shares in its first public call to public, raising $ 1.1 billion and winning an assessment of $ 6.9 billion. The registration marks the long -awaited arrival of Circle on public procurement after previous attempts, including a stranded SPAC agreement in 2021.
Circle’s beginnings end in a market still fight with an uncertain macroeconomic environment. The profits season ends and more companies have reported weak prospects for the next quarter than the strong, which suggests that American actions could face additional pressure in the coming months.
But the main activity of Circle – emit the sophisticated USDC token in dollars – benefits from a different trend. The demand for stablescoins increased in 2025, partly due to the progress of American regulations. Political decision -makers reported that they were getting closer to the establishment of clearer rules, which could help to legitimize and extend the use of stablescoins in traditional finance.
Deutsche Bank predicted in a report last month that the stablecoins were about to pass the dominant current. The bank cited their growing role in digital payments, cross -border regulations and treasury management while strengthening the domination of the US dollar worldwide.
The IPO of Circle can be early proof of this change – an investor bet not only on a crypto company, but on the stablescoins becoming an essential financial infrastructure.
Read more: classification tests of the IPO of Circle
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