#BNBChain爆发 Circle submits IPO application: According to Sina Finance news on April 2, Circle, the world's second-largest stablecoin issuer, publicly submitted its IPO application documents to the U.S. Securities and Exchange Commission (SEC) on April 1, preparing to list on the New York Stock Exchange under the ticker CRCL. Circle CEO Jeremy Allaire stated that the public listing is of great significance. In 2024, the company is expected to achieve a net profit of $156 million and revenue of $1.68 billion. The circulation of its USDC stablecoin, which is USD-backed, was $60 billion as of March 28. This IPO comes as the U.S. Congress accelerates the legislative process for stablecoins, and regulatory clarity has a significant impact on the development of the industry.