<ul><li>Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, has filed to go public.</li><li>Circle reported a 2024 revenue and reserve income of $1.68 billion, with a 2024 net income of $156 million.</li><li>This is Circle's second attempt at a public listing after a failed SPAC merger in 2022.</li><li>Circle's IPO is expected to raise around $750 million, with investors including Accel, General Catalyst, and Oak Investment Partners.</li></ul>

Stablecoin issuer Circle takes another stab at a public listing

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