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According to Reuters, Circle, the parent company of USDC, one of the largest stablecoins, has applied to go public in the USA.
Circle Internet Financial (Circle) said today that it has filed for an initial public offering in the United States as part of its plans to become a publicly traded company.
The number of shares to be offered in the IPO and the price range of the proposed offering have not yet been determined.
It was stated that the initial public offering is expected to take place after the SEC completes the review process, depending on market and other conditions.