According to BlockBeats, Bloomberg cited people familiar with the matter as saying that Circle Internet Financial Ltd., the issuer of the stablecoin USDC, is considering going public in early 2024. The company is in consultation with advisers to prepare for a potential initial public offering. Relevant deliberations are still ongoing, and it is uncertain whether Circle will eventually go public. When it attempted to merge with special purpose acquisition company Concord Acquisition Corp. in 2022, Circle was valued at $9 billion. A representative for Circle said that becoming a U.S. listed company has long been part of Circle's strategic vision, but would not comment on rumors.