News
Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
Shares of stablecoin issuer Circle Internet Group Inc. stayed hot in its second session of trading on Friday and helped ...
The stablecoin issuer’s IPO arrives as investors brace for more market headwinds and regulatory change while stablecoin ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall. If the ...
On Thursday evening, Wood highlighted Circle’s IPO in a post on X, calling it an "”amazing debut." ...
Circle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback