Circle, the stablecoin issuer behind USDC, is reportedly planning to relocate its headquarters to the United States in preparation for its upcoming IPO. This decision was revealed in court documents filed earlier this week, although the specific reason for the move was not disclosed. In January, Circle submitted a draft registration statement to the SEC, signaling its intention to become a publicly traded company. The IPO is expected to proceed after the SEC completes its review process. Circle has not yet determined the number of shares it will offer or their cost. In addition, Circle recently announced upgrades to its stablecoins USDC and EURC, aimed at reducing gas costs, improving support for account abstraction, and enhancing transaction security on EVM blockchains. USDC has also expanded its presence to new blockchain networks, including CELO and zkSync.