#CircleIPO If you haven't heard yet: Circle, the company behind the USDC stablecoin, just blew up the New York Stock Exchange. Yes, they went public, and not just any way, but with a bang, sparkle, and suitcases full of cash.
$1.05 BILLION. IN CASH. FROM CRYPTO.
In a situation where the U.S. government is printing dollars at such a rate that Ben Franklin is already shaking on the bills, Circle decided to do the opposite:
— took their crypto-dollars,
— converted them into real ones,
— and sold shares worth a billion.