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  4. Stablecoin firm Circle to go public in $4.5B blank-check deal

Stablecoin firm Circle to go public in $4.5B blank-check deal

charlielee
2022-10-27 07:46:02
Circle, a Goldman Sachs-backed fintech company focused on stablecoin development, has officially announced Thursday its plans to go public. Under the terms of the agreement, a new Irish holding company will acquire both Concord and Circle... See more for yourself here.

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dianasmith
2022-10-27 07:47:44

intends to become the most public and transparent operator of full-reserve stablecoins in the market today. With upcoming public filings, and new USDC reserve attestations, our intention is to provide a detailed summary of USDC reserves... With scale and success comes greater expectations and the need for greater transparency.