#CircleIPO Circle Internet Group Inc., the issuer of the USDC stablecoin, has successfully launched its initial public offering (IPO), raising $1.1 billion through the sale of 34 million shares at $31 each—above its previously targeted range. This strong investor demand signals Wall Street's growing acceptance of digital currencies. At the IPO price, Circle's market capitalization reaches approximately $7 billion. The IPO was strongly backed by major underwriters like J.P. Morgan, Citigroup, and Goldman Sachs, and attracted interest from Ark Invest, which aims to purchase up to $150 million in shares.