{"id":137648,"date":"2024-09-21T14:00:52","date_gmt":"2024-09-21T11:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137648"},"modified":"2024-09-21T02:15:25","modified_gmt":"2024-09-20T23:15:25","slug":"circles-ipo-and-wall-street-move-set-for-2025","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/circles-ipo-and-wall-street-move-set-for-2025\/","title":{"rendered":"Circle’s IPO and Wall Street Move Set for 2025"},"content":{"rendered":"

The company filed<\/a> <\/strong>for the IPO in January, pending approval from the U.S. Securities and Exchange Commission.<\/p>\n

In an effort to bolster its stablecoin, USD Coin (USDC<\/a><\/strong>), Circle has integrated USDC with national banking systems in Brazil and Mexico, enabling businesses in these countries to access the stablecoin through local banks in real-time.<\/p>\n

Despite these developments, Circle continues to lag behind Tether, which holds over 70% of the market compared to USDC\u2019s 20%. Meanwhile, Tether has appointed Jesse Spiro, previously head of regulatory relations at PayPal\u2019s blockchain and crypto division, as its new head of government affairs.<\/p>