Circle, the USDC issuer, filed for IPO in late April.
USDC is one of the stable coins, and it's pegged to $1. The marketcap is the second largest after USDT(Tether).
Circle, the USDC issuer, filed for IPO(Initial Public Offering) on the NYSE(New York Stock Exchange). The ticker is 'CRCL'.
Their revenue in 2024 was $1.67b. Amazing 🤯
World Liberty Financial, run by the Trump family, is holding around $5m worth of USDC. Compared to other cryptos, it's not such a lot.
But, considering the changing regulatory environment, it seems that Trump administration is open to Circle, and supports it.
By the way, Total Stablecoins Marketcap keeps recording ATH(All Time High) every day.
So, compared to USDT, I wondered how many USDC has grown for the last 1 month. USDC has grown around 7%.
As you know, Trump wants to make America the capital of cryptos. While USDC is based on the U.S, USDT is based on Hong Kong. I think that the recent USDC's growth trend is related to it.