by: xpoolPosted on:

Circle Sets Sights on $6 Billion IPO to Boost Transparency and Funding

Circle, the company behind stablecoin USD Coin (USDC), is launching an IPO targeting a valuation of $6 billion. This ambitious move aims to raise $624 million through share offering on the NYSE under ticker CRCL. The IPO serves as a significant step towards bolstering Circle’s credibility and transparency, especially in light of growing regulatory scrutiny over the stablecoin market.

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