Circle Halts Its IPO In The Midst Of A Crypto Storm
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As the waves of economic uncertainty overwhelm the markets, the world of crypto holds its breath. Circle, a giant in the stablecoin space, sways between ambition and caution. Its IPO project, although firmly grounded, could sink into the murky waters of Trumpian policies. A decision that speaks volumes about the storms to come.
A Mirage in the Economic Turmoil
With a revenue of $1.67 billion in 2024 (+16% year-on-year), Circle boasts an audacious health. Its market capitalization has surpassed $60 billion.
However, behind these figures lies a paradox: the company,…
