Circle plans to file its IPO paperwork in late April 2025, with a valuation between 4 billion USD and 5 billion USD. This follows a previous confidential filing that was previously abandoned due to market conditions.

The current market cap for Circle’s USDC stablecoin is around 60 billion USD, showing a significant increase of 18% over the last year. CEO Jeremy Allaire highlighted strong financial health as a foundation for transparency and trust following their IPO.