The giant of stablecoins Circle has just raised $1.1B in its expanded IPO, selling 34M shares at $31 each — surpassing its original target of $896M with a potential market value of $6.9B. As the issuer of $USDC, this is one of the biggest milestones so far for the real-world legitimacy of cryptocurrencies — especially for stablecoins.
💬 What does Circle's IPO mean for the future of $USDC, stablecoins, and cryptocurrencies? Do you see this increasing trust in cryptocurrencies among institutional or retail investors?
