USDC Issuer Circle Plans IPO and Wall Street Move by 2025, Says CEO Jeremy Allaire

According to COINOTAG news on September 21, Cointelegraph has reported that Circle, the prominent stablecoin issuer behind USDC, is actively progressing with its initial public offering (IPO). Jeremy Allaire, the founder and CEO of Circle, confirmed that the company is on track with its IPO agenda and intends to relocate its headquarters to Wall Street by 2025. The application for the IPO was submitted in January of this year and is currently under review by the U.S. Securities and Exchange Commission. This move is expected to solidify Circle’s position in the financial markets and expand its influence within the crypto ecosystem.