Stablecoin Giant Circle Files for IPO on NYSE
The company’s shares will trade under the ticker “CRCL.”
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Stablecoin
The company’s shares will trade under the ticker “CRCL.”
At Paxos’ NYC event, speakers across four panels agreed that stablecoins are reshaping global finance — with regulation and infrastructure fast catching up.
StraitsX has launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger to meet the rising demand for regulated multi-chain stablecoins in cross-border payments.
At Consensus 2025, leaders from PayPal and MoneyGram pointed to regulation, real-world utility and trust as keys to stablecoin growth.
BitGo’s stablecoin-as-a-service has drawn significant interest from U.S. and international banks, Ben Reynolds said.
Ripple and Kraken executives said at Consensus 2025 that stablecoin adoption is at a tipping point to become an integral part of the global payment system.
The stable token is expected to fully launch by July.
If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol “CRCL.”
The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit
This coincided with the launch of Donald Trump’s memecoin $TRUMP which caused a wave of inflows to the network