🇺🇸 CIRCLE HITS NYSE WITH $1.1B IPO AND WALL STREET IS DONE IGNORING STABLECOINS

Circle, the company behind the USDC stablecoin, just made a massive splash with a $1.1 billion IPO.

Shares were priced at $31 and flew off the shelf, with demand 25 times higher than supply.

Even big names like BlackRock and Cathie Wood’s ARK are buying in, giving Circle a Wall Street stamp of approval.

Circle's coin is already worth $61 billion in circulation, and starts trading today on the NYSE under CRCL.

Source: Bloomberg

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