#CircleIPO #CircleIPO Circle, the issuer of the stablecoin USDC, successfully raised 1.05 billion dollars through an increased initial public offering (IPO) in the USA, selling 34 million shares at 31 dollars each. This achievement values the company at approximately 8 billion dollars, making it one of the largest IPOs related to cryptocurrencies since Coinbase's debut in 2021.
In an important step to enhance the global adoption of USDC, Circle has entered into a strategic partnership with Binance, the largest cryptocurrency exchange in the world. This collaboration aims to make USDC more accessible on the Binance platform, including more trading pairs and special promotions. Additionally, Binance will adopt USDC as a key part of its corporate budget, increasing the utility and availability of the stablecoin.
These events underscore Circle's commitment to integrating stablecoins into the global financial system, leveraging