#CircleIPO #CircleIPO

Circle, the company behind the USDC stablecoin, announced that it plans to sell shares at a price ranging from $24 to $26 per share in its initial public offering. This move will raise up to $624 million for the company and its supporters. Circle's USD Coin is a stablecoin, meaning it is a cryptocurrency backed by the US dollar or assets denominated in it, such as US Treasury bonds.