Circle Doubles in Wild First Day of Trading for Stablecoin Firm
Jun 5, 2025
Circle's stock doubled in value on its first day of trading, signaling strong market enthusiasm. The stablecoin issuer's successful debut underscores the growing acceptance of crypto-native firms in traditional finance. This performance followed an upsized IPO, highlighting robust demand for exposure to the digital currency economy and the explosive growth in stablecoins.