Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and giving it a market value of $6.8 billion.

(Reuters) -Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.

Circle, the U.S.-based stablecoin issuer, has announced an increase in its upcoming initial public offering (IPO) to $1 billion, signaling a growing