Circle Internet Group announced a significant share offering of 10 million Class A shares, aiming to raise an impressive $1.3 billion by August 18, 2025. This capital influx will be instrumental in strengthening Circle’s financial reserves and supporting the development of its stablecoin operations, particularly USDC. The company expects the offering to have a positive impact on USDC reserves without immediate market or regulatory changes. CEO Jeremy Allaire, who plays a key role at Circle, aims to capitalize on this opportunity to advance the stablecoin ecosystem. The offering has been registered with the NYSE and is expected to go ahead as planned. 10 million Class A shares will be offered at $130 each, targeting a final valuation of $1.3 billion for the offering.