#CircleIPO

Circle, the issuer of the USDC stablecoin, has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker symbol “CRCL.” In 2024, the company reported revenues of $1.68 billion, up from $1.45 billion in 2023, with a net income of $156 million, down from $268 million the previous year. Circle’s IPO aims to enhance transparency and capitalize on the growing stablecoin market.