Circle's IPO filing reveals surprising revenue-sharing arrangement with Coinbase as USDC maintains stability despite market pressures.

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.

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

Circle's new initial public offering (IPO) filing has shed light on its relationship with Coinbase, including the millions paid to the exchange for USDC

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