Why Circle chose now to IPO as crypto market gyrates in Trump tariff storm – DL News
- Circle said it would list shares this year.
- USDC issuer hopes to raise $5 billion in equity cappital.
- Company is betting legislation will be a boon.
While crypto investors have been rattled in a chaotic first quarter, Circle, the stablecoin issuer, is moving forward with its biggest bet yet.
On Tuesday, Circle said it would hold an initial public offering this year, according to a filing with the Securities and Exchange Commission.
Even though the crypto market has lost a fifth of its value in 2025, Circle is wagering that the timing for its IPO is right for one big reason — Washington is poised to usher in a long-desired framework for stablecoins.
Intense public scrutiny
Unlike Tether, which has largely shunned regulatory regimes,…