BlockBeats news, September 21, according to Cointelegraph, Jeremy Allaire, founder and CEO of Circle, the issuer of stablecoin USDC, said that it is advancing its initial public offering (IPO) plan 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.