Goldilocks and Seeds of Wisdom “Circle, which issues the USDC stablecoin, said Thursday it filed confidential paperwork with the Securities and Exchange Commission — one day after the SEC’s approval of 11 spot bitcoin ETFs.” Stablecoin issuer Circle filed for an initial public offering after having a steady year of crypto values. USDC is the second largest stablecoin by volume, and it filed with the SEC for an IPO on Thursday. The initial public number of shares for this coin that represents in digital format the US dollar is yet to be determined. Stablecoins maintain stability through various mechanisms such…
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