<ul><li>Circle, the company behind the USDC stablecoin, has filed for an IPO to access public markets and expand its influence in the stablecoin sector.</li><li>The IPO will include only Class A common stock, while Class B shares with higher voting power will not be offered. Founders will maintain control with a cap on their voting power at 30% of total voting power.</li><li>The IPO filing provides flexibility with an option for underwriters to purchase additional shares within 30 days to cover over-allotments.</li><li>Circle's decision to go public coincides with discussions on the STABLE Act, which aims to establish a legal framework for stablecoin issuers in the United States.</li></ul>

CRCL Goes Live in 2025: Circle IPO Bridges Crypto and Wall Street

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