Circle execs and VCs misread the market — it cost them $2B
Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.
Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.
Circle’s USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether’s USDT.
Circle’s rise after its IPO on its first day of trading is a contrast to Coinbase, which fell on its first day of trading.
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.