Circle saw shares price well above its initial range at $31 and once trading began on the New York Stock Exchange under the ticker CRCL, shares opened at $69, more than doubling o

Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.

Circle Internet Group (NYSE:CRCL) kicked off Friday with a 20% premarket pop, building on Thursday's epic 169% debut when shares soared to $83.54 from the $31 IPO price. Thursday's upsized offering raised nearly $1.