Stablecoin network Circle Internet Group has officially filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its Class A common stock.

Circle Crypto aims for a $5 billion IPO despite financial struggles, rising USDC supply, and competition. Circle, the issuer of the USDC stablecoin, is making a bold move toward public trading with its recently filed initial public offering (IPO).

Circle's $1.68B revenue drives its IPO file, as stablecoins get US government endorsement. SEC approval is presently pending.

Circle, issuer of the USDC stablecoin, has hired investment banks JPMorgan Chase (JPM) and Citigroup (C) to help it prepare an initial public

Circle Internet Group is looking to become a publicly-traded company, filing for an IPO. It plans to use the ticker 'CRCL.'

The issuer of the USDC stablecoin is aiming again to go public after an attempted SPAC merger in 2021 never materialized.

Circle Internet Group, the company behind the USDC stablecoin, filed for an initial public offering on Tuesday after markets closed, as it prepares to list its shares on the New York Stock Exchange.The IPO market is currently in a delicate place,