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Circle Moves Closer to IPO with Banking Giants
- Circle, the issuer of the USDC stablecoin, is advancing with its IPO plans.
- JPMorgan and Citi are the underwriters for the IPO.
- Circle plans to publicly disclose IPO details after a secret January 2024 filing.
- The upcoming IPO takes advantage of the rising IPO market activity and is expected to assess Circle's worth between $4 billion and $5 billion.
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