Crypto mania is back. And Circle Internet Group, a leader in the world of stablecoins, is hoping to benefit from the rebound. Circle, which plans to list 32 million shares on the New York Stock Exchange Thursday under the ticker symbol CRCL,

What exactly does Circle do, and why did it decide to move its headquarters from downtown Boston to lower Manhattan late last year? Here are six things to understand about the company, which manages a "stablecoin" called USDC.

Circle Internet Group, the firm behind stablecoin USDC, has filed for an initial public offering on the New York Stock Exchange, the firm said on Tuesday. Circle is offering 24 million of its class A shares,