Share this article
Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars
Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg
Circle recently filed court paperwork to make the move, according to a company spokesperson.
- Circle filed to relocate its legal base to the U.S. from Ireland
- The issuer of the second-largest stablecoin said in January that it planned to list its shares in the U.S.
Circle, issuer of the USDC stablecoin, intends to make the U.S. its new legal home ahead of a planned initial public offering in the country, Bloomberg reported on Wednesday.
The company recently filed court paperwork to make the move, according to the report, which cited a spokesperson who declined to elaborate on the reasoning.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Circle, which filed to list shares publicly with the U.S. Securities and Exchange Commission (SEC) in January, is currently domiciled in the Republic of Ireland.
The company's USDC is the second-largest stablecoin in the crypto market, with a market cap of around $33 billion, according to data by CoinMarketCap. Tether's USDT, at $100 billion, is the largest.
Circle did not immediately respond to CoinDesk's request for further comment.
Read More: Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
More For You
Multisig Failures Dominate as $2B Is Lost in Web3 Hacks in the First Half
A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.
What to know:
- Over $2 billion was lost to Web3 hacks in the first half of the year, with the first quarter alone surpassing 2024’s total.
- Multisig wallet mismanagement and UI tampering caused the majority of major exploits.
- Hacken urges real-time monitoring and automated controls to prevent operational failures.
