Stablecoin firm Circle aims for U.S. IPO with a target valuation of $6.7 billion.

Stablecoin company Circle is planning to go public in the US with a targeted valuation of around $6.7 billion. Circle is known for issuing the USDC stablecoin, which is pegged to the US dollar. The company's move towards an IPO could potentially increase its market capitalization above $5.7 billion.