Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut
1. Circle priced its IPO at $31, exceeding expectations and valuing at $6.8 billion. 2. Demand led to an increase in shares offered during the IPO process. 3. Cathie Wood's ARK Investment plans to invest up to $150 million in Circle. 4. Circle's USDC dominates the stablecoin market with 27% market share. 5. Stablecoin interest surges as legislation and regulatory changes favor growth.