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Stablecoin issuer Circle launches IPO on New York Stock Exchange

  • Circle Internet Group Inc. launches IPO on the New York Stock Exchange for its stablecoin USDC.
  • The IPO includes 24 million shares of Class A common stock, with a price range of $24 to $26 per share.
  • Circle will trade on NYSE under the stock ticker 'CRCL' after failed attempts to go public earlier.
  • Circle's IPO comes amidst a positive regulatory climate for cryptocurrencies and stablecoins, with improving support from U.S. banking regulators.

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