{"id":302821,"date":"2024-05-16T01:52:21","date_gmt":"2024-05-15T20:22:21","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=302821"},"modified":"2024-05-16T01:52:21","modified_gmt":"2024-05-15T20:22:21","slug":"usdc-issuer-circle-plans-us-move-ahead-of-ipo-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usdc-issuer-circle-plans-us-move-ahead-of-ipo-crypto-news\/","title":{"rendered":"USDC issuer Circle plans US move ahead of IPO &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Circle Internet Financial Ltd., the entity behind the stablecoin USDC, is set to move its legal headquarters from Ireland to the United States. <\/p>\n<p>This is aimed at aligning with U.S. financial regulations as the company prepares for an anticipated initial public offering (IPO). <\/p>\n<p>Circle <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/usdc-circle-public-listing-again-report\/\">filed<\/a> for the IPO in January. The process is subject to the Securities and Exchange Commission (SEC) review and prevailing market conditions. <\/p>\n<p>The decision to move Circle\u2019s legal base to the U.S. is made in the context of a complex regulatory environment for cryptocurrencies and stablecoins within the nation. <\/p>\n<p>\t<!-- Forkast_S2S_Inarticle2_ROS --><\/p>\n<p>Circle previously attempted to go public through a US$ 9 billion special-purpose acquisition company (SPAC) deal, a plan that was abandoned in December 2022.<\/p>\n<p>Circle\u2019s USDC has a market capitalization of US$33 billion, second only to Tether\u2019s USDT in stablecoin rankings.<\/p>\n<p>It is also the sixth-largest cryptocurrency in the world, according to CoinGecko data.<\/p>\n<p>\n\t\t\t\t<span class=\"post-views-icon dashicons dashicons-chart-bar\" \/> <span class=\"post-views-label\">Post Views:<\/span> <span class=\"post-views-count\">277<\/span>\n\t\t\t<\/p>\n<\/div>\n<p>\t\t!function(f,b,e,v,n,t,s)<br \/>\n\t\t{if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t\tn.callMethod.apply(n,arguments):n.queue.push(arguments)};<br \/>\n\t\tif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;<br \/>\n\t\tn.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t\tt.src=v;s=b.getElementsByTagName(e)[0];<br \/>\n\t\ts.parentNode.insertBefore(t,s)}(window, document,&#8217;script&#8217;,<br \/>\n\t\t&#8216;https:\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<br \/>\n\t\tfbq(&#8216;init&#8217;, &#8216;1890501017821908&#8217;);<br \/>\n\t\tfbq(&#8216;track&#8217;, &#8216;PageView&#8217;);<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle Internet Financial Ltd., the entity behind the stablecoin USDC, is set to move its legal headquarters from Ireland to the United States. This is aimed at aligning with U.S. financial regulations as the company prepares for an anticipated initial public offering (IPO). Circle filed for the IPO in January. The process is subject to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":290589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-302821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/302821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=302821"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/302821\/revisions"}],"predecessor-version":[{"id":302824,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/302821\/revisions\/302824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/290589"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=302821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=302821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=302821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}