Circle's decision to relocate its legal base to the U.S. and pursue a public listing aligns with its plans to go public and tap into the U.S. capital market . This move could potentially provide an investor boost for the stablecoin issuer and allow it to align itself with the U.S. regulatory framework . Circle's USDC stablecoin is the second-largest stablecoin behind Tether, and going public could provide Circle with additional resources to promote USDC and enhance its competitiveness