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Circle (NYSE: CRCL) plans a $1.3B secondary stock sale at $130 per share — over 4x its June IPO price — as USDC circulation surges 90% year-over-year and Q2 revenue jumps 53%.
After the collapse of crypto exchange FTX in 2022, many institutional investors retreated from the digital asset market.
Circle reported exceptional second-quarter revenue, driven by USDC stablecoin circulation and subscription services, ...
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