Circle Internet Financial, the company behind stablecoin USD Coin (USDC), has filed for an initial public offering (IPO) with ...
Despite lower gross margins, Circle has strong cash flow from operations and a high marketing efficiency multiple of 13.0x.
Circle is best known as the issuer of USD Coin (USDC), the world's second-largest stablecoin by market capitalization. Pegged one-to-one to the U.S. dollar and backed by cash and short-term ...