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Report: Stablecoin Issuer Circle Could Launch IPO by June

  • Circle Internet Financial is planning to file its prospectus for an IPO in late April and may launch the IPO by June.
  • The company, which issues the USDC stablecoin, aims for a valuation between $4 billion and $5 billion.
  • Circle had previously delayed its planned IPO in December 2022 and is now relaunching its plans.
  • Circle is partnering with Intercontinental Exchange (ICE) to explore using USDC stablecoin for new products and solutions.

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