#CircleIPO USDC takes the leap to Wall Street 🚀
Circle, the company behind USDC, has confirmed its intention to list on the New York Stock Exchange under the symbol CRCL. This move marks a crucial moment for the cryptocurrency industry, as Circle controls one of the most important stablecoins in the market.
📊 Key data:
🔹 2024 Revenue: $1.68 billion 💵
🔹 Net earnings: $156 million 📈
🔹 USDC: Second largest stablecoin 🌍
🔹 Second IPO attempt after 2022 🔄
This IPO not only validates the growth of the crypto sector but could also boost the adoption of USDC and strengthen its position against competitors like Tether.
