Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg
Summary
Circle, the issuer of the USDC stablecoin, plans to relocate its legal domicile to the U.S. from the Republic of Ireland, in preparation for a planned initial public offering (IPO) in the U.S. The company filed for the IPO with the U.S. Securities and Exchange Commission in January. The USDC is the second-largest stablecoin in the crypto market with a market cap of around $33 billion.
