Circle priced its IPO at $31 per share, above its marketed range of $27 to $28, raising nearly $1.1B and valuing the company at ~$6.9B, or ~$8.1B fully diluted
The firm and backers including co-founder and Chief Executive Officer Jeremy Allaire sold 34 million shares Wednesday for $31 each …
Jeremy Allaire, the CEO of USDC issuer Circle, says the company is moving its global HQ to One World Trade Center in New York City, ahead of a planned IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle's Allaire.
A profile of Circle, after secondary market shares of the USDC developer traded at a ~$4.8B valuation in August 2023; Circle was valued at ~$8B in April 2022
lots of first-time details on one of the most important firms in crypto https://fortune.com/... @bitfinexed : Circle @jerallaire is losing to a fraud, he's too chicken shit to call Tether the fraud th...
Coinbase takes a “small” equity stake in Circle for the first time, as the companies close the Centre Consortium, which previously governed the USDC stablecoin
Rivals Unite to Keep Crypto Going in US? Charles Thuo / CoinJournal : Coinbase buys a stake in USDC stablecoin issuer Circle Mark Brennan / The Crypto Basic : SEC Costs Ripple and XRP 3 Years of Adopt...
After UST's collapse, most rival algorithmic stablecoins are below their dollar peg; the biggest non-algorithmic stablecoins USDT and USDC are mostly holding
there is no path forward at this point. I would call it — Game Over. I believe as large as these two projects were — there will be a huge investigation and legal actions will be taken similar to the “...