#CircleIPO Circle, the issuer of the $USDC stablecoin, has successfully raised $1.05 billion through an upsized U.S. initial public offering (IPO), selling 34 million shares at $31 each. This pricing gives Circle a valuation of approximately $6.8 billion, potentially rising to nearly $8 billion when accounting for additional financial instruments. The shares will begin trading on the New York Stock Exchange under the ticker symbol "CRCL".

This IPO marks one of the most significant public listings in the crypto industry since Coinbase's debut in 2021. It reflects growing investor interest in cryptocurrency-related firms transitioning into traditional finance markets. Circle's USDC, pegged to the U.S. dollar, is the second-largest stablecoin by market capitalization, with over $61 billion in circulation.

The IPO comes amid a shift in U.S. crypto regulatory outlook under President Donald Trump, promising a friendlier environment for crypto firms. Circle's move to go public is seen as a significant step towards integrating stablecoins into the traditional financial system, potentially paving the way for more crypto-focused public offerings.

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