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Stablecoin issuer Circle files for IPO

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"In many respects, Circle has for a long time been under intense public scrutiny," co-founder and CEO Jeremy Allaire wrote in a letter.
From Fox Business
Each token is supposed to be worth a dollar, and if you hand the issuer back a token it will hand you back a dollar.
From Bloomberg L.P.

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Stablecoin leader Circle files for IPO
Circle Internet Group is looking to become a publicly-traded company, filing for an IPO. It plans to use the ticker 'CRCL.'
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I have always thought of stablecoins as basically unregulated non-interest-paying crypto banks. The idea of a stablecoin is that there is a company, the stablecoin issuer, and you send the company dollars,
Stablecoin Issuer Circle Files for IPO
Circle Internet Group has filed for an initial public offering with the Securities and Exchange Commission. The stablecoin company didn't say Tuesday how many shares it would list or give an anticipated price range.
Stablecoin issuer Circle files for long-awaited IPO
Circle Internet Group, the issuer of USDC (USDC-USD) stablecoin, filed an S-1 registration statement with the SEC for a long-awaited initial public offering, it said on Tuesday.
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Why Circle's IPO timing is advantageous
Even though it's coming during a volatile period for the markets and economy, the cryptocurrency company's planned listing puts pressure on rivals and regulators.
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Stablecoin issuer Circle takes another stab at a public listing
Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on
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Circle’s IPO documents show rising costs and deep Coinbase dependency
Circle's new initial public offering (IPO) filing has shed light on its relationship with Coinbase, including the millions paid to the exchange for USDC
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