Circle, the issuer of USDC, is increasing its IPO size for the second time, now targeting $1.05 billion. This signals strong investor confidence in stablecoins and the broader crypto market.
Tag: Circle
Crypto News Today: Circle Upsizes IPO, JPMorgan Embraces Crypto ETFs, Bitcoin Supply Squeeze Looms
A quick rundown of today’s top crypto news: Circle increases its IPO size, JPMorgan will accept crypto ETFs as collateral, and Sygnum warns of a potential Bitcoin supply squeeze and price surge.
Circle Ups IPO Target to $896M: Bullish Signal for Stablecoins?
Circle has increased its IPO target to $896 million, indicating strong investor confidence in the company and the stablecoin market amidst evolving US crypto regulations.
Stablecoin Payments Surge to $94 Billion: B2B Transfers Fueling Growth
A new report reveals that stablecoin transaction volumes have reached $94.2 billion, with business-to-business payments as a major driver, signaling increasing mainstream adoption.
US Court Freezes $57M USDC Amid Libra Memecoin Scandal: What It Means for Solana
A US federal court has frozen $57.65 million in USDC stablecoin allegedly linked to individuals involved in the controversial Libra (LIBRA) memecoin scandal. Here’s a breakdown of the situation and its potential impact.