Circle to Relocate Headquarters to US Ahead of IPO

The post Circle to Relocate Headquarters to US Ahead of IPO appeared first on Coinpedia Fintech News

Circle, the issuer of the USDC stablecoin, has recently filed documents with the court intending to move its legal headquarters from Ireland to the US ahead of its IPO in the country. Circle filed to list shares publicly with the US SEC in January. Circle’s USDC is the second-largest stablecoin in the crypto market, with a market cap of around $33 billion. Tether’s USDT, with a market cap of $100 billion, is the largest.