Circle Internet Group, the issuer of the USDC stablecoin, upsized the price and range of its initial public offering in a filing with the Securities and Exchange Commission on Monday. Circle said it plans to sell 32 million shares in an IPO at a price range of $27 to $28 a share.

Circle Internet Group, the crypto firm that tried to go public in 2021 but ended up pulling its deal, will finally enter the public equities market. Late Wednesday, Circle raised $1.05 billion in one of the most anticipated IPOs of the year.

Circle Internet Group Inc. and some of its shareholders raised nearly $1.1 billion in an upsized initial public offering that was priced above a marketed range, in a sign that stablecoin issuers are winning greater acceptance.