USDC Issuer Circle Delays IPO Process

BlockBeats News, April 5th, according to Bloomberg, stablecoin USDC issuer Circle will postpone its IPO process.

BlockBeats previously reported that on April 2nd, Circle had submitted its S-1 filing to the U.S. Securities and Exchange Commission (SEC), officially initiating the initial public offering (IPO) process. The company plans to list on the New York Stock Exchange under the ticker symbol "CRCL".