Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down
Circle, the company behind the USDC stablecoin, has officially filed to go public. On Apr. 1, it submitted its registration documents to the U.S. Securities and Exchange Commission, marking a notable step for the entire stablecoin industry.
The company intends to list on the New York Stock Exchange under the ticker symbol “CRCL.” However, key details such as the number of shares and the expected pricing range have not yet been disclosed. More recent estimates place the company’s valuation closer to the $4 to $5 billion range.