#CircleIPO
Circle, issuer of the USDC stablecoin, has successfully completed its IPO, raising approximately $1.1 billion. Binance News reports the offering was heavily oversubscribed, by over 25 times, reflecting significant investor demand. Shares are expected to begin trading on the New York Stock Exchange under the ticker "CRCL" and the IPO values Circle at around $6.9 billion. This milestone signals growing mainstream acceptance for stablecoin issuers and the broader crypto industry.
