Circle Internet Group, the company that issues the USDC stablecoin, is planning to go public, it said on May 27. The firm has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker symbol "CRCL.

Circle Internet Group, the firm behind stablecoin USDC, has filed for an initial public offering on the New York Stock Exchange, the firm said on Tuesday. Circle is offering 24 million of its class A shares,

The stablecoin issuer, seeking to go public since 2021, has shut down recent rumors about selling to potential buyers.