The years-long fight to approve stablecoin legislation in the U.S. crossed a monumental milestone as the STABLE Act passed the House Financial Services Committee Wednesday by a vote of 32-17.
USD Coin issuer Circle Internet Group is trying for a second time to get listed on the New York Stock Exchange after disclosing significant revenue growth.
Circle Internet Group Inc. filed publicly for a long-awaited initial public offering, with the stablecoin provider showing steadily increasing revenue.The company, led by Jeremy Allaire, reported net income of $156 million on revenue of $1.
Circle, the U.S.-based stablecoin issuer, is going public. The firm filed an S-1 form with the Securities and Exchange Commission (SEC) on Tuesday. If approved, the company's stock will be trading on the New York Stock Exchange under the symbol "CRCL.
US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump
President Donald Trump is facing new heat after Representative Maxine Waters accused him of trying to ditch the dollar and swap in a stablecoin tied to his
Circle, issuer of the USDC stablecoin, has hired investment banks JPMorgan Chase (JPM) and Citigroup (C) to help it prepare an initial public
With stablecoin legislation expected in 2025, competition is heating up among digital dollar vendors. This latest move could embed Circle’s USDC and USYC, its tokenized money-market fund, within ICE’s global market machinery.