Circle shares indicated to open as much as 42% above IPO price - report

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The concept of using stablecoins in the financial system

Circle Internet Group (NYSE:CRCL) stock is indicated to debut at $42-$44 per share on Thursday, representing a 36%-42% premium relative to the $31 initial public offering price, Bloomberg reported.

The stablecoin issuer and some of its backers raised $1.1B in

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Circle Internet Group, Inc.