USDC issuer Circle made its debut on the New York Stock Exchange (NYSE) on Thursday, marking a watershed moment for the corporation. Circle's IPO topped expectations, with shares priced at $31 each.
This places Circle as the first pure stablecoin issuer on the stock market, providing investors with unique exposure to the developing stablecoin sector in the US. Circle stands out as Congress considers new stablecoin legislation, which could help the company grow even further. While other corporations, such as PayPal, do issue stablecoins, none are as popular as Circle's USDC.
Circle reported $1.68 billion in revenue and $155.7 million in net income in 2025, despite lower profitability due to rising operating and regulatory expenditures. The company's NYSE listing values it at $6.9 billion.
Investors expect some short-term volatility, but they see significant long-term potential if Circle can consolidate its position. As the stablecoin market grows, Circle's stock may become a useful addition to Wall Street portfolios.