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IPO at $1.05 billion and a step towards mass recognition
Circle, the issuer of the USDC stablecoin, has finally conducted the long-awaited IPO — and did so with flair. $1.05 billion in raised funds and a market valuation of $8 billion place it among the largest crypto companies in the world. The shares are now traded on the NYSE under the ticker CRCL, marking the most significant IPO in the crypto industry since Coinbase's debut.
The importance lies not only in the placement itself but also in the participation of giants like Goldman Sachs, J.P. Morgan, and Citigroup — they became underwriters of the deal. Institutional investors have long been observing stablecoins, and it seems they are now ready for close collaboration. Ark Invest has already announced plans to invest up to $150 million in Circle.
Currently, $USDC is the second most popular stablecoin with a market capitalization of over $61 billion. Since 2018, transactions worth over $25 trillion have occurred through it. These are not just numbers — they are the foundation for the digital economy of the future.
The regulatory climate in the U.S. is beginning to shift towards greater clarity and openness to crypto infrastructure. Circle is taking full advantage of this: the funds raised will be directed towards expanding the USDC ecosystem and further capturing the global payments market.
