USDC Issuer Circle Targets $7.2B Market Value in Planned IPO

Circle, the issuer of the USDC stablecoin, is targeting a $7.2 billion valuation—about $28 per share—for its upcoming U.S. IPO, citing improved regulatory sentiment toward crypto.

As the second-largest USD-pegged stablecoin provider, Circle has drawn interest from major players like BlackRock, which reportedly plans to acquire 10% of the shares when trading begins on June 5. Analysts see the IPO price as undervalued, and Circle’s move highlights growing institutional confidence in stablecoins backed by traditional assets.

Clever Robot News Desk 4^th June 2025