#Circle Internet, the company behind the USD Coin stablecoin, is reportedly considering an initial public offering ( #IPO ) in early 2024. The company is in discussions with advisors to assess the feasibility and timing of such a move, reflecting its growth ambitions and strategic planning. While specific details are not disclosed, Circle has expressed a long-standing goal of becoming a publicly traded company. USD Coin ( #usdc ) is currently the sixth-largest #cryptocurrency with a market cap of $24.42 billion and the second-largest stablecoin. Circle's previous attempt to go public in 2022 via a blank-check deal was valued at $9 billion. Despite past setbacks, Circle's aspiration for a public listing remains, although no concrete IPO plans have been confirmed as the company refrains from commenting on recent speculations.
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