#CircleIPO 🚀USDC Giant Targets $7.2B Valuation in NYSE Debut – What It Means for Crypto 🚀

Circle, the issuer of $60B USDC, is set to go public today (June 4) on the NYSE under $CRCL, targeting a $7.2B valuation at $27–28/share after strong investor demand upsized the offering.

🔥 Why This Matters:

- Institutional Stamp: BlackRock and Ark Invest are among top buyers, signaling mainstream crypto adoption.

- Stablecoin Dominance: USDC’s market cap grew 40% YTD vs. Tether’s 10%, fueled by MiCA compliance in the EU.

- Revenue Model: 99% of Circle’s $1.6B income comes from Treasury yields—watch Fed rate cuts.

💡 Trading Insight:

- Coinbase Impact: COIN shares may rally (50% revenue share from USDC).

- Regulatory Tailwinds: GENIUS Act passage could cement USDC as the compliant stablecoin leader.

⚠️ Risk: Interest rate sensitivity could pressure margins if yields fall.

Did You Know? Circle rejected a $5B Ripple buyout to go public independently.

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