#CircleIPO Circle Internet Group, the issuer of the USDC stablecoin, has successfully raised $1.05 billion through its U.S. initial public offering (IPO) by selling 34 million shares at $31 each, achieving a company valuation of approximately $8 billion. The IPO was heavily oversubscribed, with demand exceeding supply by over 25 times, indicating strong investor interest. Shares are set to begin trading on the New York Stock Exchange under the ticker symbol "CRCL." Major financial institutions such as BlackRock and ARK Invest have shown significant interest, with BlackRock expected to acquire about 10% of the IPO shares.