#CircleIPO The giant of stablecoins, Circle, files for its IPO after an unexpected profit of $1.7 billion in stablecoin reserves.

If approved, the company's shares will trade on the New York Stock Exchange under the symbol "CRCL".

Circle, the issuer of the stablecoin USDC, plans to go public.

The company filed an S-1 form with the SEC to list on the New York Stock Exchange under the symbol CRCL.

Circle reported $1.7 billion in reserve income from its stablecoin operations at the end of 2024.

Circle, the US-based stablecoin issuer, will go public.