Circle Internet Group Inc. raised $1.1 billion in an upsized IPO, pricing shares at $31.This success reflects the growing acceptance of stablecoin issuers in the financial landscape.Circle's strong market reception led to a market valuation of approximately $6.9 billion, reaching $8.1 billion when fully diluted.Major institutional investors like ARK Investment Management and BlackRock Inc. have shown interest in purchasing shares in Circle's IPO.