Circle considers IPO delay amid economic uncertainty — Report

Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, might delay its planned initial public offering (IPO) amid macroeconomic uncertainty over US President Donald Trump’s trade policies, the The Wall Street Journal reported.Circle registered with the United States Securities and Exchange Commission (SEC) on April 1 to take the company public. It is now “waiting anxiously” before taking further steps, the Journal reported, citing people familiar with the matter.Circle joins a growing list of companies considering IPO delays, including fintech company Klarna and ticketing firm StubHub.Circle’s S-1 registration form for its initial public offering. Source: SECCircle is planning to sell its shares under the ticker symbol "CRCL." Circle's prospectus materials do not provide details of the number of shares to be offered or the initial stock price.Circle's potential delay comes amid turmoil in the stock market as trillions in shareholder value dissipated following Trump's April 2 announcement of sweeping trade tariffs and investor fears that a protracted trade war could cause a global recession.Related: Trump 'Liberation Day' tariffs create chaos in markets, recession concernsTrump's protectionist trade policies crash markets Trump's tariff order established a 10% baseline tariff on all countries and reciprocal trade tariffs on countries that tax US imports.Over $2 trillion was wiped away from the US stock market on April 3 as investors pivoted from risk-on assets to less volatile alternatives as a response to the growing macroeconomic uncertainty.US stocks shed trillions in shareholder value following Trump’s sweeping tariff order. Source: TradingViewThe Volatility S&P 500 Index (VIX), a measure of stock market volatility colloquially named the "Wall Street Fear Index," is currently over 41 — an indication of extreme fear among stock market investors.Fears of a US recession continue to mount as other countries respond to the Trump administration's trade policies with counter-tariffs.ARK Invest founder Cathie Wood voiced concerns over a looming recession prior to the US President signing the tariff order.“We are worried about a recession. We think the velocity of money is slowing down dramatically,” Wood told an audience gathered for the Digital Asset Summit on March 18.Magazine: 7 ICO alternatives for blockchain fundraising: Crypto airdrops, IDOs & more

Apr 4, 2025 - 20:24

Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, might delay its planned initial public offering (IPO) amid macroeconomic uncertainty over US President Donald Trump’s trade policies, the The Wall Street Journal reported.

Circle registered with the United States Securities and Exchange Commission (SEC) on April 1 to take the company public. It is now “waiting anxiously” before taking further steps, the Journal reported, citing people familiar with the matter.

Circle joins a growing list of companies considering IPO delays, including fintech company Klarna and ticketing firm StubHub.

Circle, Economy, United States, Stocks, Donald Trump, Stablecoin — *Circle’s S-1 registration form for its initial public offering. Source:* *SEC*

Circle is planning to sell its shares under the ticker symbol "CRCL." Circle's prospectus materials do not provide details of the number of shares to be offered or the initial stock price.

Circle's potential delay comes amid turmoil in the stock market as trillions in shareholder value dissipated following Trump's April 2 announcement of sweeping trade tariffs and investor fears that a protracted trade war could cause a global recession.

Trump's protectionist trade policies crash markets

Trump's tariff order established a 10% baseline tariff on all countries and reciprocal trade tariffs on countries that tax US imports.

Over $2 trillion was wiped away from the US stock market on April 3 as investors pivoted from risk-on assets to less volatile alternatives as a response to the growing macroeconomic uncertainty.

The Volatility S&P 500 Index (VIX), a measure of stock market volatility colloquially named the "Wall Street Fear Index," is currently over 41 — an indication of extreme fear among stock market investors.

Fears of a US recession continue to mount as other countries respond to the Trump administration's trade policies with counter-tariffs.

ARK Invest founder Cathie Wood voiced concerns over a looming recession prior to the US President signing the tariff order.

“We are worried about a recession. We think the velocity of money is slowing down dramatically,” Wood told an audience gathered for the Digital Asset Summit on March 18.

Magazine: 7 ICO alternatives for blockchain fundraising: Crypto airdrops, IDOs & more