Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the U.S. Securities and Exchange Commission. The S1 lays the groundwork for Circle's long-anticipated entry into the public markets.

Circle files IPO prospectus with SEC to list on NYSE under CRCL, as stablecoin laws gain traction in Washington.

Circle, the issuer behind the USDC stablecoin, has filed papers with the SEC to go public on the New York Stock Exchange. Stablecoin issuer Circle Internet Group has filed an S-1 registration statement for an initial public offering in the US, an April 1 filing with the Securities and Exchange Commission shows.