Circle’s IPO Strengthens Its Position Against Competitors Like Tether (USDT)

Circle, the issuer of the USDC stablecoin, has increased its IPO share offering, targeting a $7.2 billion valuation. The company plans to sell 34.3 million shares at $22.25 to $24.75 each, up from the previously planned 25.7 million shares at $21.25 to $23.75. This upsized offering aims to raise up to $849 million. The IPO [...]The post Circle’s IPO Strengthens Its Position Against Competitors Like Tether (USDT) appeared first on Tekedia.

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