<ul><li>Circle, the second-largest stablecoin issuer in the crypto industry, has filed for an IPO on the New York Stock Exchange under the ticker “CRCL”.</li><li>Circle had a record-high financial year in 2024 with $1.68 billion in revenue and $156 million in net income, signaling the increasing demand for stablecoins, particularly Circle's USDC.</li><li>The regulatory landscape is becoming more favorable for stablecoins, with the US government recognizing their potential. Circle's IPO attempt follows this trend, along with other crypto companies like Ripple, Kraken, and Gemini.</li><li>Circle's IPO filing now awaits regulatory approval from the Securities and Exchange Commission (SEC), which, if successful, could open the doors for more crypto firms to go public.</li></ul>

USDC Issuer Circle Files IPO After Strong Revenue Growth

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