Circle Taps JP Morgan, Citi for IPO Plans in Late April

April 6, 2025

Catenaa, Sunday, April 06, 2025-Stablecoin issuer Circle has enlisted JP Morgan Chase and Citi ahead of a planned initial public offering, expected to be filed in late April, Fortune reported.  Circle, which issues the USDC stablecoin, has previously attempted to go public. It first pursued a SPAC merger in 2021, then confidentially filed with the […]

Citigroup Sees Stablecoin Topping $3.7 Trillion by 2030

April 25, 2025

Catenaa, Friday, April 25, 2025-Citigroup (Citi) said Thursday that stablecoin could evolve into a multi-trillion-dollar asset class by 2030, as adoption accelerates amid a shifting regulatory landscape. In a new report, the banking giant estimated that total stablecoin supply may climb to $1.6 trillion by the end of the decade, with a high-end scenario approaching […]