Circle IPO Oversubscribed 25x, Driven by Institutional Interest in Stablecoin Market

Circle, a leading issuer of USDC stablecoins, has seen an extraordinary response to its initial public offering (IPO), with the company oversubscribed 25 times. This landmark event, set to launch on June 5, 2025, on the New York Stock Exchange under the ticker symbol ‘CRCL’, reflects growing investor confidence in the crypto sector and Circle’s position at the forefront of digital asset markets.