Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
Stablecoin issuer Circle is moving forward with its initial public offering (IPO) debut and plans to shift its headquarters to Wall Street in 2025, according to CEO and founder Jeremy Allaire.
Circle filed for an IPO in January, pending the approval of the United States Securities and Exchange Commission.
In another strategic move to strengthen its USD Coin (USDC) as a regulated version of the digital US dollar, Circle has recently integrated its stablecoin with the national banking systems of Brazil and Mexico. The integration will give businesses in both countries real-time access to USDC through local financial institutions.
Go to Source
Author: Ana Paula Pereira
