The Stablecoin Surge Driving CRCL’s Rise Circle Internet Group (NYSE:CRCL) is the issuer of USD Coin (USDC) that has captured ...

The Circle Reserve Fund grew from over $22 billion in 2023 to over $37 billion in 2024, and the average yield rose from 4.89% to 5.09%. The rest of the reserves are in banks, which also earns a yield.

Circle raised nearly $1.1 billion by selling 34 million shares at $31 each, through lead underwriters J.P. Morgan, Citigroup and Goldman Sachs.

Circle Internet Group Inc., the company behind the popular USDC stablecoin, Thursday saw its shares jump 168% over an already raised $31 offering price on its first day of trading. The company had ...

Circle aims to launch the First National Digital Currency Bank, bringing USDC fully under federal regulation with custody and ...

Circle said it plans to sell 32 million shares in an IPO at a price range of $27 to $28 a share.. The company is expected to have about 257.1 million total shares outstanding, according to the ...