Cryptocurrency stablecoin issuer Circle announces expansion of IPO scale, planning to issue 32 million shares at a price of $27-28 per share (60% for secondary offering), raising $880 million, an increase of 47% from the original plan. This adjustment is supported by institutions such as BlackRock, with new investors subscribing for $150 million (accounting for 17% of the issuance). As the issuer of the world's second largest stablecoin USDC, Circle is accelerating its compliance process, relying on $60.1 billion in circulation and a payment network covering 600 million users—its reserve assets are managed by BlackRock and audited monthly, with endorsement from the New York State Department of Financial Services. This IPO marks the first time stablecoins have entered the mainstream capital market, which may accelerate the acceptance of digital asset ecosystems by traditional financial institutions.