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Circle’s $896M IPO Ignites Crypto Frenzy—Wall Street Plays Catch-Up
Circle’s $896M IPO Ignites Crypto Frenzy—Wall Street Plays Catch-Up
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Crypto’s quiet giant just dropped a bombshell—and traditional finance is scrambling to react.
The USDC powerhouse goes public
Circle’s Nasdaq debut isn’t just another IPO. That $896 million figure? A direct challenge to the ’crypto is dead’ narrative. Market makers are already repositioning—watch for ripple effects across stablecoin liquidity.
Institutional FOMO meets DeFi reality
Bankers love the compliance play, while degens spot the irony: a centralized stablecoin operator cashing in on decentralization hype. The real winner? Crypto’s legitimacy—even if it comes with a side of Wall Street’s usual short-termism.
One thing’s clear: when the suits start copying your homework, you’re winning. For now.
Circle, the biggest issuer of the USDC stablecoin, is expanding its initial public offering in the U.S. market. The company has now raised its capital target to as much as $896 million. According to new information, the number of shares available for sale... Read More
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