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Circle ( USDC )

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Exploring New Horizons: Circle Initiates Confidential Filing for IPO
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Circle Initiates Confidential Filing for IPO

Circle, boasting a remarkable USDC stablecoin with a market cap exceeding $25 billion, announced its discreet submission of a draft registration statement (S-1 form) to the U.S. Securities and Exchange Commission (SEC). This confidential filing is a strategic move often adopted by companies navigating the IPO process, allowing them the leeway to finalize their plans away from public scrutiny.