USDC Issuer Circle Halted on NYSE Debut as CRCL Triples IPO Price
Description
Circle’s stock (CRCL) faced three trading halts within its first hour on the NYSE after soaring past $93, tripling its $31 IPO price. The halts were triggered by Limit Up-Limit Down (LULD) rules, reflecting intense volatility and investor demand for the USDC issuer amid rising interest in stablecoin infrastructure.
Publish date
June 5, 2025
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