#CircleIPO Circle successfully went public! On June 5, 2025, the company raised $1.05 billion by selling 34 million shares at $31 on the NYSE under the ticker CRCL. Circle's valuation reached $6.8 billion, exceeding expectations ($27–$28 per share). Demand surpassed supply by 25 times, indicating interest in stablecoins like USDC, which has a capitalization of $62 billion. BlackRock plans to acquire a 10% stake, reinforcing confidence in the market. This is a landmark event for the crypto industry, especially in light of discussions around the GENIUS Act in the USA. How will this impact the future of stablecoins? Share your forecasts and thoughts!
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