PANews reported on June 5 that according to CoinDesk, stablecoin issuer Circle completed its IPO on the New York Stock Exchange at $31 per share, exceeding the original expected pricing range ($24-26), raising $1.1 billion and valuing $6.2 billion. The stock code is "CRCL" and will start trading on Thursday. The IPO was originally planned to issue 24 million shares, but it was expanded to more than 34 million shares due to a surge in demand. Circle issues USDC, the second largest stablecoin in the United States, and its listing comes at a time when U.S. lawmakers are pushing for a stablecoin regulatory bill.