#CircleIPO

Circle, the issuer of USDC, has made a significant move by raising $1.05 billion through its U.S. IPO, pricing 34 million shares at $31 each. This positions the company with a valuation of approximately $8 billion . Trading under the ticker CRCL on the NYSE, Circle's debut is one of the largest crypto-related listings since Coinbase in 2021. The IPO's success reflects growing institutional interest in stablecoins and crypto infrastructure. With USDC's market cap exceeding $61 billion 💥