Circle, the issuer of the USDC stablecoin, has filed for an initial public offering (IPO) as its revenue continues to grow. The company aims to capitalize on the increasing demand for digital currencies and strengthen its market position. This move signals a significant step toward integrating cryptocurrency with traditional finance.

Figure Technologies, a stablecoin issuer, successfully raised $787.5 million in its initial public offering, selling 31.5 million shares at $25 each. This move highlights the growing acceptance of digital assets in mainstream markets, driven by favorable regulatory conditions and increased corporate adoption.