With a market valuation of more than $24 billion, #Circle , the creator of the USDC stablecoin, is thinking about doing an IPO in 2024.
Although the company and advisors have been talking about a possible #IPO , there is no guarantee that they will move through with a listing.
In 2022, Circle made an unsuccessful attempt to go public through a blank-check deal. Circle's strategic goal has always been to become a publicly #trading company in the United States, but they have not responded to the IPO rumours.
Financial behemoths like Goldman Sachs, Fidelity, and BlackRock are among Circle's investors.
In June 2022, the USDC #Stablecoins , which had a market capitalization of almost $56 billion, saw a sharp decrease.
