#CircleIPO Target Raised to $896M Amid Soaring Stablecoin Interest
Stablecoin powerhouse Circle has boosted its IPO target to $896M, according to a June 2 SEC filing. The company now plans to offer 32M shares at $27–$28 each, up from 24M shares previously priced between $24 and $26.
🧾 Circle recently hinted at a $6.7B valuation, and BlackRock is reportedly eyeing a 10% stake — a major vote of confidence.
💵 Why it matters:
Stablecoins are booming. Over $94.2B in stablecoin transactions were settled from Jan 2023 to Feb 2025.
Circle’s USDC remains a key player in that ecosystem.
The IPO increase signals strong investor demand in a sector gaining rapid legitimacy.
🇺🇸 Regulatory tailwinds:
Trump-era policies are leaning pro-crypto.
The CLARITY Act (recently introduced) seeks to split oversight between the SEC & CFTC — potentially accelerating stablecoin growth.
Circle has yet to respond to press inquiries, but momentum is clearly building.
💬 Is this the most important IPO in crypto since Coinbase?
