Stablecoin Issuer Circle Targeting $7,200,000,000 Valuation in Upcoming IPO

Altcoin | June,3 2025
The company behind the second-largest USD-pegged stablecoin by market cap is naming its price for its upcoming US initial public offering (IPO). According to a Reuters report, USDC-issuer Circle says it is aiming for a $7.2 billion valuation in its upcoming IPO – about $28 per share – partially because of the current administration’s friendlier […]
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