Circle, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) with the SEC, utilizing JPMorgan and Citi as underwriters.
This follows a previous delay in 2022 and a confidential filing earlier in 2024, driven partly by President Trump's focus on favorable legislation for stablecoins.
While trading typically begins four weeks after filing, the process can take longer, representing a significant step for Circle after previous setbacks including a failed SPAC merger attempt. Show Less
