Stablecoin Issuer Circle Scraps $9 Billion Deal To Go Public – Here’s Why

Stablecoin issuer Circle, a peer-to-peer payments technology company behind the popular USDC stablecoin, was quick to clarify that its decision to abolish its plans of going public has nothing to do with the collapse on Sam Bankman-Fried’s FTX cryptocurrency exchange. A spokesperson for the firm made the statement shortly after Co-founder and CEO Jeremy Allaire