Stablecoin giant Circle has just raised $1.1 billion in its expanded initial public offering, selling 34 million shares at $31 each—surpassing the initial target of $896 million, with a potential market value of $6.9 billion. As the issuer of $USDC, this is one of the biggest milestones for cryptocurrency in terms of real-world legitimacy—especially for stablecoins.
💬 What does Circle's IPO mean for $USDC, stablecoins, and the future of cryptocurrency? Do you think this will enhance institutional or retail investors' trust in cryptocurrency?