#CircleIPO #CircleIPO: Circle Internet Group, the issuer of the USDC stablecoin, has officially IPO'd on the NYSE under the ticker CRCL, raising 1.1 billion USD, valued at approximately 8 billion USD. The shares were sold at a price of 31 USD, exceeding the expected range (27-28 USD), due to demand exceeding 25 times. BlackRock is expected to purchase 10% of the shares, demonstrating confidence in the stablecoin. The IPO takes place against a backdrop of clearer regulations regarding stablecoins in the US, promoting investor acceptance. Circle aims for transparency and growth in the cryptocurrency market. #USDC #Crypto #Finance