#CircleIPO Circle, the company behind the stablecoin USDC, completed its initial public offering (IPO) in the U.S., raising $1.050 billion by selling 34 million shares at $31 each. On its first day on the stock market, the shares rose nearly 169%, reaching a valuation of $18.4 billion. This IPO is one of the largest in the crypto sector since Coinbase in 2021. Founded in 2013, Circle seeks to integrate traditional finance with blockchain. Its success reflects the growing institutional interest in crypto and could pave the way for future IPOs of other fintech companies.$USDC