Stablecoin firm Circle is teaming up with top American banks as it prepares for a reported April initial public offering (IPO) launch. According to a new Fortune report, USDC-issuer Circle is working with JPMorgan Chase and Citi Bank to publicly list the firm's shares next month.
Circle Internet Financial, the company behind the widely used USDC stablecoin, has tapped two Wall Street giants, JPMorgan Chase and Citi, to spearhead its long-anticipated initial public offering (IPO).
TL;DR Circle plans to go public in 2025 with advisory support from JP Morgan Chase and Citi, aiming to expand its presence in the financial market. It intends to file its public offering in April, though the process could be delayed due to regulatory requirements. Shares could begin trading a month later.
After years of delays and a collapsed SPAC deal, Circle is finally moving toward a traditional IPO, enlisting JPMorgan and Citi to lead what could become the biggest crypto listing since Coinbase, Fortune reported on March 31, citing people familiar with the matter.
Circle Internet Financial, the company behind the (CRYPTO: USDC) stablecoin, is reviving its public listing ambitions and is reportedly preparing to file for an initial public offering by late April. What Happened: The crypto-focused fintech is working with JPMorgan Chase (NASDAQ:JPM) and Citi as advisors, Fortune reported on Monday, quoting sources familiar with the matter.
Circle previously attempted to go public via a SPAC merger in 2021 as well as confidential filing with the SEC in 2024.
Circle's IPO, backed by major banks, signals a significant shift towards mainstream acceptance and integration of stablecoins in traditional finance. The post Circle works with JPMorgan and Citi for IPO bid, plans to file in late April appeared first on Crypto Briefing.
The issuer of the USDC stablecoin is aiming again to go public after an attempted SPAC merger in 2021 never materialized.
Circle Internet Financial, architect of the USDC stablecoin, is charting a course toward an initial public offering (IPO) with strategic guidance from financial titans JPMorgan Chase and Citi, Fortune reports, citing two individuals privy to the discussions.
USDC issuer Circle is reportedly set to file its initial public offering (IPO) in April as part of the firm's plans to finally go public. The stablecoin issuer is allegedly already working with top financial institutions to achieve this move.
Circle , giant of the stablecoin universe, finally takes a decisive step towards the public market: after years of waiting and speculation, the company has officially initiated the procedures for an initial public offering (IPO). Relying in this way on leading investment banks for the management of the operation. The debut on the stock exchange is expected to take place by the end of April, marking a groundbreaking shift for the regulated digital asset sector.
Circle has announced the launch of USDCKit, a developer-friendly software development kit (SDK) designed to simplify the integration and automation of USDC transactions for businesses of all sizes. This new tool aims to streamline stablecoin payment infrastructure, which has traditionally been complex and burdensome due to custom development and compliance requirements.
Circle has unveiled USDCKit, a new tool designed to make USDC payment integration easier for businesses. According to a Mar. 27 announcement on Circle's official blog, the demand for stablecoins has been rising despite market volatility.
Stablecoins have become the cornerstone of the crypto ecosystem, making up most crypto trading pairs and facilitating a massive chunk of blockchain transactions. The top five chains in terms of stablecoin market capitalization — Ethereum, Tron, BSC, Base, and Arbitrum — reveal distinct patterns in issuance, bridging, and usage.
Intercontinental Exchange (ICE), the $70 billion operator of the New York Stock Exchange, is taking a major step towards integrating stablecoins and tokenised funds into the core of traditional finance.
TL;DR Circle and ICE (Intercontinental Exchange) have signed an agreement to explore the use of USDC and tokenized money market funds (USYC) in innovative financial products. USDC, with over $60 billion in circulation, is positioned as a reliable digital alternative to the US dollar, backed 1:1 by liquid reserves.
Intercontinental Exchange Inc. (NYSE:ICE), the operator of the New York Stock Exchange, has signed a memorandum of understanding with Circle (CRYPTO: USDC) to assess the use of Circle's USDC stablecoin and tokenized yield product, USYC. Under the agreement announced Thursday, ICE and Circle will jointly explore how USDC—a dollar-pegged stablecoin with over $60 billion in circulation—can be applied across derivatives, clearing, and data services offered by ICE.
ICE, the parent company of the New York Stock Exchange, enters into an agreement with Circle to explore the integration of the stablecoins USDC and USYC into its markets, paving the way for innovative and digitized financial solutions. The Intercontinental Exchange Inc. (ICE), parent company of the New York Stock Exchange (NYSE), has signed a memorandum of understanding with Circle Internet Group, a leading company in the fintech sector.
NYSE parent ICE and crypto titan Circle team up in a landmark move to turbocharge Wall Street's adoption of Circle's $60B stablecoin USDC and tokenized money market assets. ICE and Circle Partner to Explore Stablecoin-Based Financial Products Intercontinental Exchange Inc.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is exploring the integration of Circle's stablecoin products—USD Coin (USDC) and US Yield Coin (USYC)—across its financial infrastructure.
Intercontinental Exchange, the company that owns the New York Stock Exchange, has partnered with Circle to start integrating the USDC stablecoin and tokenized money market funds into its platforms.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into a memorandum of understanding (MoU) with Circle Internet Group to explore new product innovations using Circle's USDC stablecoin and USYC tokenized money market fund. The collaboration aims to leverage the capabilities of these digital assets to enhance ICE's existing
The USDC extends its services into operations conducted by Japanese businesses worldwide. Circle strengthened its Japanese business commitments by taking on the role of USDC stablecoin developer.
Hyperliquid has seen over $340 million in USDC outflows following a controversy surrounding JELLY, a token that surged 429% before being delisted.
Circle's USDC stablecoin has reached a new all-time high, surpassing $60 billion in market capitalization.
USDC's market cap has hit an all-time high of $60.2 billion, doubling in just a year.
Circle USDC has reached $60 billion in market cap, marking a new high for the stablecoin as it continues its resurgence. According to Defillama, the stablecoin is now at $60.1 billion in circulating supply.
Stablecoin adoption accelerates as USDC reaches a record $60 billion in market cap, driven by Solana and Ethereum growth, new exchange listings in Japan, and regulatory approvals from Dubai to Asia-Pacific. The post USDC Hits Record $60B Market Cap – Stablecoin Adoption Rising? appeared first on Cryptonews.
USDC set a new all-time high market capitalization above $60 billion as adoption grows and its issuer, Circle, is rumored to be eyeing an IPO.
The USD Coin (USDC) stablecoin from Circle has just reached a record level with a market capitalization exceeding 60 billion dollars. This symbolic milestone is part of a broader trend of expansion in the stablecoin market, which now has a total capitalization exceeding 230 billion dollars.
The stablecoin economy has soared to an unprecedented zenith this week, buoyed by a $10.28 billion expansion in March, propelling its total valuation to $234.60 billion. Concurrently, Circle's USDC has eclipsed the $60 billion threshold for the first time. USDC Climbs While Treasury-Backed Tokens Disrupt Stablecoin Hierarchy Per the most recent data from defillama.
The leading crypto exchange Binance rattled traders and investors with its latest update to delist four token pairs shortly ahead. The exchange revealed in an official announcement this Wednesday that certain GALA, PERP, and USDT pairs will be delisted soon.
Circle's USDC stablecoin has reached a record $60 billion market cap, surpassing its previous high of $55 billion in June 2022.
Fidelity Investments, one of the world's largest asset management firms with $5 trillion in assets, is preparing to deepen its involvement in the crypto market by launching its own stablecoin.
USDC is distributed across multiple blockchains, with Ethereum holding the most at 36.2 billion tokens, followed by Solana with 10 billion.
SBI VC Trade launched USDC in Japan on March 26, marking the first regulatory approval for a global stablecoin in the country. Binance Japan, bitbank, and bitFlyer to list USDC soon, expanding access to regulated stablecoin trading.
USDC becomes Japan's first approved global stablecoin, launching March 26 on SBI VC Trade with more exchanges to follow.
Circle will launch the stablecoin USDC in Giappone on March 26 thanks to a partnership with SBI Holdings. The operation follows the approval of the Japan Financial Services Agency (JFSA) and represents a significant step for the adoption of digital currencies in the country.
Circle's USDC (USDC) has become the first and only stablecoin officially approved for use in Japan's regulated financial market. This marks a significant step toward mainstream adoption of the stablecoin in one of Asia's largest economies.
Circle announced it will launch the USDC stablecoin on the Japan SBI VC Trade cryptocurrency exchange on March 26.
Circle, the issuer of USD Coin (USDC), is launching the stablecoin in Japan on March 26 through a strategic partnership with SBI Holdings. The move marks a major milestone for Japans blockchain ecosystem and the global stablecoin market.
USDC stablecoin will first be listed on Japan's SBI VC Trade crypto exchange, followed by other major exchanges, including Binance Japan. The post SBI Group to Launch USDC Stablecoin in Japan on March 26, Circle Confirms appeared first on Cryptonews.
Circle, the issuer of the USDC stablecoin, has made history by becoming the first and only stablecoin approved for use in Japan. With this green light, Circle is set to launch USDC in Japan on March 26 through a strategic partnership with SBI Holdings.
Circle is set to launch its USDC stablecoin in Japan on 26 March, in partnership with SBI Holdings. SBI VC Trade, a subsidiary of SBI Holdings, will spearhead the initial launch of USDC in Japan on March 26, paving the way for the stablecoin's broader integration across the country's digital asset exchanges.
SBI VC Trade is preparing for an imminent rollout of USDC, with domestic exchanges planning to list and distribute USDC in the near future.
Circle is bringing USDC to Japan through a partnership with SBI Holdings, marking a major step for stablecoin adoption in the country. According to a Mar.
Circle CEO Jeremy Allaire said USDC has become the 'first and only stablecoin' approved by Japanese regulators to be available on exchanges.
Circle and SBI got the green light to launch USDC in the country earlier this month.