Circle Delays IPO Amidst Economic Uncertainty Caused by New U.S. Tariffs

The company behind the USDC stablecoin, Circle, may postpone its initial public offering (IPO) due to economic concerns arising from recently implemented new U.S. trade tariffs. The Wall Street Journal reports that Circle filed registration papers with the SEC on April 1st but has become hesitant to proceed. This decision follows a broader trend among companies like Klarna and StubHub, who are also reevaluating their IPO plans in light of recent market volatility.