Circle Is America's First Publicly Traded Stablecoin Issuer. Now What?

With $1.7 billion in 2024 revenue and the launch of its Payments Network, Circle aims to become core infrastructure for the internet financial system, though it faces competition from both crypto startups and traditional banks exploring their own stablecoins.Circle’s public listing brings transparency, regulatory oversight, and credibility to the stablecoin market, setting a potential industry standard and attracting backing from major Wall Street firms.Circle, issuer of the USDC stablecoin, went public on ...