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USDC Stablecoin Backer Circle Doubles in Value to $9B in New Deal With SPAC

Circle was valued at $4.5 billion in its initial agreement with Concord Acquisition Corp. in July 2021.

Updated Apr 10, 2024, 2:03 a.m. Published Feb 17, 2022, 12:47 p.m.
Circle CEO Jeremy Allaire. (CoinDesk screenshot)
Circle CEO Jeremy Allaire. (CoinDesk screenshot)