Circle’s Successful IPO Raises $1.1 Billion, Marks Key Milestone for Stablecoin Industry
Circle, the issuer of the popular USDC stablecoin, has officially priced its initial public offering (IPO) at $31 per share, exceeding its initial expectations of $24 to $26 per share. With a valuation of $6.9 billion, Circle's IPO is a significant milestone in the company’s journey, positioning it