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🪙 Circle Goes Public: What Does This Mean for the Stablecoin Market, and Should You Hold USDC or USDT Now?

A historic moment for the crypto market: USDC issuer Circle is going public with a $6.7 billion valuation, planning to list on the New York Stock Exchange under the ticker CRCL. This is the first time a major stablecoin issuer is going public in the US through a classic IPO process, not through a SPAC or offshore schemes.

Why does this matter?
Circle is betting on transparency, regular audits, and full compliance with regulatory requirements. With stricter rules coming into force in Europe (the MiCA regulation is already active) and the US, USDC is becoming almost the only stablecoin officially welcomed by regulators and institutional investors. Coinbase is actively promoting USDC as a “proper” stablecoin for people who have a Compliance Officer, not just a Telegram chat.