Circle founder: IPO plans are being advanced

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MarsBit
09-21
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Mars Finance News, according to Cointelegraph, Jeremy Allaire, founder and CEO of Circle, the issuer of stablecoin USDC, said that it is advancing its initial public offering (IPO) plan and plans to move its headquarters to Wall Street in 2025. Circle applied for an initial public offering (IPO) in January this year and is currently awaiting approval from the U.S. Securities and Exchange Commission. Circle recently integrated its stablecoin with the national banking systems of Brazil and Mexico, which will enable companies in the two countries to access USDC in real time through local financial institutions.

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