Circle's current IPO aims to raise $1.1 billion, which would make it one of the top ten offerings of 2025.
Chamath praised Circle for building a strong infrastructure and positioning itself ahead of potential stablecoin regulations in the United States.
USDC has seen significant adoption, with its supply growing from $3 billion in 2020 to over $60 billion in 2025.
Billionaire investor Chamath Palihapitiya stated that Ripple or Coinbase acquiring Circle, the issuer of the USDC stablecoin, would be a bargain. His comments come at a time when Circle's IPO seeks to raise $1.1 billion, placing it among the top 10 IPOs of this year by issuance volume. With USDC capturing 30% of the stablecoin market with a valuation of $60 billion, the offering places CRCL shares at a listing price of $31 per share.
