Circle’s IPO showed that public markets accept stablecoin issuers with clear revenue. USDC is used by banks, merchants, and tokenization platforms worldwide. Major institutions are ...

Red-hot stablecoin IPO Circle Internet GroupCRCL fell sharply Tuesday, continuing a recent retreat as an analyst downgraded Circle stock to sell. Shares have round-tripped a recent aggressive ...

JPMorgan’s Kenneth Worthington says the stablecoin issuer’s stock valuation has been “pushed outside our comfort zone,” so he ...

The stock CRCL pulled back 5.2% in midday trading Tuesday, after soaring 76.6% over the past three sessions. If the loss ...

The growth of crypto payments points to the emerging use of crypto for “utility rather than speculation,” according to a new ...

Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and giving it a market value of $6.8 billion.

With these reserves, users expect to be able to exchange their stablecoins for dollars or other backing assets at any time.

Circle’s successful IPO has sent a signal to Wall Street and the crypto world. ... But Circle isn’t your typical crypto company. Their stablecoin, USDC, is a go-to onchain payment solution.

Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the SEC. The company is poised to hit the public markets during a particularly volatile time for tech ...

CEO Richard Teng says any public listing must be approved at the highest levels, leaving timing open for Binance.

Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange. The prospectus, filed with the SEC on Tuesday, lays the ...