Why Circle’s Cautious Dance in Crypto Storms Could Reshape the Market
Circle plans to launch an IPO but delays due to economic and regulatory uncertainties despite having SEC approval since April. In 2023, Circle anticipates $1.67 billion in revenue, a 16% increase from the previous year, with a market cap of $60 billion. Economic instability, such as new trade tariffs, has wiped out $2 trillion from…