Circle Bets Big: Stablecoin Titan Files for NYSE IPO in Defiant Wall Street Play
USDC issuer Circle just dropped the ultimate traditional finance flex—filing to go public while crypto’s supposed ’unregulated wild west’ narrative still lingers in Washington corridors.
The move comes as stablecoins cement their role as crypto’s Trojan horse into mainstream finance. Circle’s IPO could force Wall Street to finally acknowledge what traders have known for years: dollar-pegged tokens aren’t going anywhere.
Expect the usual suspects to simultaneously decry crypto’s risks while scrambling to underwrite this offering. Nothing brings Wall Street to the table faster than smelling fresh fees in the water.