#CircleIPO Circle, the company behind the famous stablecoin USDC, has just achieved something truly impressive. They closed their Initial Public Offering (IPO) and raised over one billion dollars! Imagine, after raising their funding target several times, they priced their shares at $31! This exceeded all initial expectations.

This IPO, which values the company at an impressive $8 billion, is a key moment for the entire crypto sector and, indeed, for the IPO market in general. The demand for Circle's shares was brutal, with an oversubscription of 25 times.