<ul><li>Circle Internet Group, the company behind USDC stablecoin, has filed for an IPO on the New York Stock Exchange, aiming to raise up to $624 million.</li><li>The IPO involves offering 24 million shares, with a price range of $24.00 to $26.00 per share, led by major banks including J.P. Morgan, Citigroup, and Goldman Sachs.</li><li>Circle's public listing attempt reflects the growth and transformation in the stablecoin market, attracting institutional interest and regulatory scrutiny.</li><li>The IPO could signal broader adoption of stablecoin infrastructure and provide insights into regulatory aspects of digital dollar instruments in the US.</li></ul>

Circle files for IPO to raise up to $624 million amid stablecoin growth

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