#CircleIPO

1. Circle filed for a U.S. IPO planning to list on Nasdaq (CRCL).

2. USDC issuer 2nd-largest stablecoin ($32B market cap).

3. Backed by BlackRock, Fidelity, Goldman Sachs.

4. 2023 revenue $779M (interest income).

5. Profitable in Q4 2023 IPO valuation ~$9B.

6. SEC confidential filing submitted in Jan 2024.

7. USDC is 1:1 backed (cash & short-term bonds).

8. Regulated under U.S. money transmitter laws.

9. Partners Visa, Coinbase, Mastercard.

10. Expanding globally (Asia, Europe, DeFi).

11. Previously failed SPAC deal (2022).

12. CEO Jeremy Allaire leading IPO push.

13. IPO funds to boost USDC adoption.

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