According to BlockBeats, on September 21, Cointelegraph reported that Jeremy Allaire, founder and CEO of Circle, the issuer of the stablecoin USDC, said that it is advancing its initial public offering (IPO) plans and plans to move its headquarters to Wall Street in 2025.

It is reported that Circle applied for an initial public offering (IPO) in January this year and is currently awaiting approval from the U.S. Securities and Exchange Commission.