Overview

• Circle will host a launch event on April 22 at its One World Trade Center headquarters, featuring CEO Jeremy Allaire outlining the company's vision.
• The Circle Payments Network (CPN) will enable real-time cross-border payments using USDC, EURC, and other regulated stablecoins.
• The network is initially targeting remittances but aims to expand into broader payment services, positioning itself as a competitor to Mastercard and Visa.
• Circle's IPO plans remain delayed due to market volatility, with a potential public listing anticipated by June following SEC review.
• Recent financial disclosures revealed Circle's net income dropped year-over-year, falling from $267.5 million to $155.7 million.