Circle Delays IPO Amidst Market Volatility

Circle Internet Financial, the company behind the USDC stablecoin, has postponed its initial public offering (IPO) in response to current market volatility. The company had planned to list on the New York Stock Exchange under the ticker symbol “CRCL,” with JPMorgan Chase & Co. and Citigroup Inc. as lead underwriters. However, Circle is currently watching market trends before moving forward, according to the Wall Street Journal.