#CircleIPO Circle, the issuer of the USDC stablecoin, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This marks Circle's second attempt at going public, following a failed SPAC merger in 2021. The company plans to list on the New York Stock Exchange under the ticker symbol "CRCL." Circle's financial performance has improved significantly, with $1.68 billion in revenue and $155.7 million in net income for 2024. The IPO is expected to value the company between $4 billion and $5 billion, with JPMorgan Chase and Citi serving as lead underwriters. Circle's USDC stablecoin, backed by U.S. dollar assets, has grown in market capitalization, reaching $60 billion in circulation. The IPO reflects a broader trend of crypto companies entering public markets, signaling increased confidence in the sector. Circle's move comes amid a shifting regulatory landscape and growing adoption of stablecoins, which provide stability in the volatile crypto market. The company's success could pave the way for other crypto firms to follow suit, further integrating digital assets into traditional financial systems.