Circle’s recent public offering of shares has raised $1.3 billion, prompting a significant stock surge of 7.2%. This successful IPO follows strong Q2 earnings and the surging popularity of Circle’s USDC stablecoin. The offering strengthens Circle’s financial position for continued growth in DeFi and broader crypto market expansion. 80% year-over-year growth in USDC circulation, reaching $65.2 billion at the end of Q2, demonstrates the company’s strong performance. Circle’s strategic partnerships with major exchanges have further bolstered liquidity and market presence. The GENIUS Act offers regulatory support for stablecoins like USDC, further enhancing its credibility.