Circle – Hyip Adviser – Bitcoin Investment advice for beginners

USDC issuer Circle wants to become a US-listed company.

The stablecoin company said in a new announcement that it has submitted a draft registration statement to the Securities and Exchange Commission (SEC) regarding a proposed initial public offering (IPO) of its shares.

Circle notes that it has not specified the number of shares it plans to offer or the price range of those shares. The company says the IPO is expected to take place once the SEC completes its review process.

USDC, the second largest stablecoin by market capitalization, is targeting a 1:1 peg to the US dollar. The digital asset completed a new upgrade on Thursday aimed at reducing gas costs, improving support for account abstraction, and increasing transaction security on Ethereum Virtual Machine (EVM) blockchains.

Circle and Coinbase co-created USDC in 2018 and jointly managed the asset through Center Consortium until last year.

In August, Circle CEO Jeremy Allaire announced that his company would bring all USDC operational and governance responsibilities in-house to streamline management of the stablecoin.

Coinbase announced at the time that it would acquire a stake in Circle. The leading crypto exchange in the United States became a public company in April 2021.

Prominent stablecoin issuer Circle announced that it would launch USDC natively over Arbitrum starting June 8, 2023, replacing the short version of the stablecoin. A competing project, Tradecurve, will allow users to create AI-powered trading bots with the ability to optimize the performance of their portfolios, leading to greater efficiency.

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Circle to launch USDC Stablecoin in addition to Arbitrum

“USDC issued by Circle will be native to Arbitrum and will be considered the official version of USDC for the Arbitrum ecosystem. Over time, native USDC liquidity will grow and replace the currently circulating ‘Bridged USDC’ liquidity coming from Ethereum.” Circle announced in its statement.

Arbitrum will rename the Ethereum bridged version of USDC in block explorers and will now be known as USDC.e. The company also announced that there will be scope for ecosystem apps that will make the same change to their in-app user interfaces and other documentation.

Additionally, Circle noted several benefits of USDC’s native launch in Arbitrum, such as future Cross-Chain Transfer Protocol (CCTP) support, which will eliminate delays in bridge withdrawals. There will be an updatable smart contract for any future improvements of the company and the possibility of institutional entry and exit ramps, among other advantages.

Anyone can access AI trading bots to optimize their portfolio with Tradecurve

Circle isn’t the only company breaking new ground by launching USDC in addition to Arbitrum, and competing projects like Tradecurve are also rolling out new ideas and innovations that could change DeFi for traders and investors alike.

The Tradecurve ecosystem is powered by the TCRV utility token and gives users access to features such as automated trading and artificial intelligence. Users can access hundreds of artificial intelligence and algorithmic trading systems through which they can improve and optimize the performance of their portfolio.

Furthermore, traders can create their own communities and members can automatically copy their trades via a subscription model. The Tradecurve team will implement Proof of Reserves (PoR) to increase transparency.

There is also high leverage starting at 500:1, a VIP account service, a dedicated trading academy and negative balance protection. Users are not required to complete KYC, making it a truly borderless platform that can be accessed from anywhere.

TCRV is now in stage 3 of its pre-sale, where one token is worth $0.015. A total of 23,637,981 TCRV tokens have already been sold, and its next price increase will be 20% to $0.018 in stage 4. Analysts predict that the price of TCRV could increase 100 times at launch, especially as it will be listed in Tier -1 exchanges and on Uniswap DEXs.