<ul><li>Circle, the issuer of the second largest stablecoin USDC, has raised its expected price range for its IPO from $24-$26 per share to $27-$28 per share.</li><li>This adjustment could lead to Circle raising around $896 million and reaching a valuation of $7.2 billion.</li><li>The decision to increase the IPO range is influenced by Circle's progress in the stablecoin market, investor interest in crypto firms, and expected favorable regulations.</li><li>Circle plans to debut on the NYSE with the ticker symbol 'CRCL' and is set to benefit from the GENIUS ACT and recently launched Circle Payments Network.</li></ul>

USDC Issuer Circle Now Targets $7.2 Billion Valuation In Major US IPO

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