#BSCMemeCoins Circle, the issuer of the USDC stablecoin, has filed for an IPO, aiming for a $5 billion valuation. In 2024, it reported $1.68 billion in revenue, primarily from reserve income. A key partnership with Binance, announced in December 2024, includes a $60.25 million one-time fee and monthly payments to boost USDC adoption on Binance’s platform, which will also hold USDC in its treasury. This follows a deal with Coinbase, where Circle paid $209.9 million for full USDC control. The IPO, filed on April 2, 2025, highlights Circle’s focus on regulatory compliance and strategic alliances to expand its stablecoin’s global reach.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.