🏛️ Circle Files for U.S. IPO :
Circle, the issuer of $USDC , has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker symbol "CRCL." The company reported a net income of $155.7 million in 2024, down from $267.5 million the previous year, with $1.68 billion in revenue and reserve income.
🌍 USDC Expands to Japan :
Circle announced that $USDC will launch on Japan’s SBI VC Trade crypto exchange on March 26, 2025, marking its entry into the Japanese market.
📈 USDC Sets Volume Records :
$USDC has achieved back-to-back volume records, reaching $219 billion last month—more than double since January—driven by a major partnership with Binance.
🏦 Circle Relocates Headquarters to U.S :
In preparation for its IPO, Circle is relocating its headquarters to the United States.
💵 250 Million USDC Minted :
On May 6, 2025, 250 million USDC were minted, sparking speculation about increased liquidity entering the crypto market.
⚖️ Regulatory Landscape :
Circle continues to advocate for clearer regulatory frameworks for stablecoins, positioning USDC as a compliant alternative to competitors like Tether.