Stablecoin Giant Circle Files for IPO
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The U.S. has embraced cryptocurrencies, with Paul Atkins, President Donald Trump's pick to lead the SEC, pledging to adopt a more "rational" approach to crypto regulation.
From Fox Business
Circle Internet Group, Inc. (CRCL) has filed to raise $100 million in an IPO of its Class A common stock, according to an SEC S-1 registration statement.
From Seeking Alpha
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Circle, the U.S.-based stablecoin issuer, is going public. The firm filed an S-1 form with the Securities and Exchange Commission (SEC) on Tuesday. If approved, the company's stock will be trading on the New York Stock Exchange under the symbol "CRCL.
President Donald Trump is facing new heat after Representative Maxine Waters accused him of trying to ditch the dollar and swap in a stablecoin tied to his
The years-long fight to approve stablecoin legislation in the U.S. crossed a monumental milestone as the STABLE Act passed the House Financial Services Committee Wednesday by a vote of 32-17.
With stablecoin legislation expected in 2025, competition is heating up among digital dollar vendors. This latest move could embed Circle’s USDC and USYC, its tokenized money-market fund, within ICE’s global market machinery.
Stablecoin firm Circle sent an IPO S-1 document to Binance to promote USDC on its platform and hold a certain amount of USDC in fiscal reserves.