Circle Internet Group raised US$1.05 billion in its IPO debut, priced above its revised range at US$31 per share.The company, known for issuing USD Coin (USDC), now holds a valuation of approximately US$8.06 billion.Circle's co-CEO Sean Neville stepped down in 2019, leaving Jeremy Allaire to lead the company.Despite a decrease in net income from the previous year, Circle reported US$65 million in profit for Q1 2025.