$USDC Circle has raised its IPO target to USD 896 million amid growing investor interest, increasing adoption of stablecoins, and a more favorable U.S. regulatory environment.

Circle raised its IPO target to USD 896 million amid significant investor interest

NEWS

Update (June 2 at 2:42 PM UTC): This article has been updated to include a statement from Circle.

The leading stablecoin issuer, Circle, has raised its initial public offering (IPO) target to USD 896 million.