Circle, the company behind the stablecoin USDC and other digital money products, is officially a public company. It is now listed on the New York Stock Exchange under the ticker $CRCL.
Circle offers USDC, EURC, Circle Payments Network, and more. The company says it is focused on pushing a future where exchanging money is easy and without friction. “We are not just building financial products. We are building the money layer of the internet,” Circle said in a statement.
The company thanked everyone who helped reach this milestone.
The announcement was met with enthusiasm on crypto Twitter. Lulo, known for its Stablecoin Savings App, tweeted: “INTERNET FINANCIAL MARKETS COMING TO MAINSTREAM.”
A venture capitalist also shared their thoughts: “Exciting times ahead! Circle is setting the stage for a new era in finance. Building the money layer of the internet? That’s innovation at its finest. Can’t wait to see how this transforms the landscape.”
Circle’s debut on the stock market marks an important step for the company as it looks to expand its role in digital finance.
