Stablecoin issuer Circle files for IPO
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Circle, the company behind the USDC stablecoin, has filed for a U.S. initial public offering, becoming the latest tech firm that is aiming to test the market as tariff uncertainty and worries about th...
From Investopedia
Each token is supposed to be worth a dollar, and if you hand the issuer back a token it will hand you back a dollar.
From Bloomberg L.P.
The company said its reserve income from managing its stablecoin-related reserves was $1.7 billion at the end of 2024.
From CoinDesk
Read more on News Digest
Circle's IPO filing reveals surprising revenue-sharing arrangement with Coinbase as USDC maintains stability despite market pressures.
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Stocktwits on MSNUSDC’s Circle Eyes $5B Valuation In Second Attempt At Public Listing – Retail Remains BearishCircle Internet Financial, the company behind stablecoin USD Coin (USDC), has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), seeking a valuation between $4 billion and $5 billion.
Even though it's coming during a volatile period for the markets and economy, the cryptocurrency company's planned listing puts pressure on rivals and regulators.
Intercontinental Exchange Inc., parent of the New York Stock Exchange, is joining with Circle Internet Financial Ltd. to explore the use of the crypto firm’s USDC stablecoin, as well as tokenized money market funds,