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😡Pi news😡
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#AmericanBitcoinLaunch Circle Takes Historic Leap: USDC Stablecoin Issuer Files for Highly Anticipated IPO In a significant move that underscores the growing intersection of traditional finance and cryptocurrency, Circle Internet Financial, the company behind the widely used USD Coin (USDC) stablecoin, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This development marks Circle’s second attempt to enter the public markets, following a previous failed merger with a special purpose acquisition company (SPAC) in 2021. Circle, which operates one of the largest stablecoin networks globally, aims to raise capital through its IPO, with a valuation target between $4 billion and $5 billion. The company has hired investment banks JPMorgan Chase and Citi as lead underwriters for the offering. The IPO is expected to proceed after the SEC completes its review, subject to market conditions.
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