Circle, a major stablecoin issuer, raised $1.05B in its NYSE IPO, pricing shares at $31 each.

Circle, a stablecoin issuer known for USDC and EURC, raised $1.05 billion through its IPO, pricing shares at $31 each on the NYSE. The company's USDC has been used in over $25 trillion in transactions. Circle's successful listing marks a significant event in the growing crypto sector, attracting institutional interest and signaling increased regulatory scrutiny.