USDC issuer Circle has been officially listed and traded on the New York Stock Exchange

BlockBeats reported that on June 5, the USDC issuer Circle was officially listed on the New York Stock Exchange (NYSE). Jeremy Allaire, CEO, said, "Our mission is to promote global economic growth through frictionless value exchange, which is an important milestone in the irreversible integration and development of the global economic system and the Internet." Stablecoin issuer Circle completed its IPO at $31 per share on the New York Stock Exchange, exceeding the expected pricing range of $24-26, raising $1.1 billion and valuing it at $6.2 billion. The stock code is "CRCL" and trading will begin today. The original plan for this IPO was to issue 24 million shares, but due to a surge in demand, it has expanded to over 34 million shares. The USDC issued by Circle is the second largest stablecoin in the US dollar, and its listing comes at a time when US lawmakers are pushing for stablecoin regulatory legislation.