#Circle上市 , as the issuer of USDC, officially submitted IPO documents to the U.S. Securities and Exchange Commission (SEC), planning to be listed on the New York Stock Exchange under the stock symbol CRCL by the end of April.

However, outsiders believe that even if Circle's revenue has grown, the high distribution costs have led to a decline in profits, which will force Circle to reevaluate whether its previous business model needs to change.