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Circle files IPO amid declining profits and stiffening competition — will this shake Tether’s stablecoin dominance?

Ankish Jain
April 6, 2025
circle-files-ipo-amid-declining-profits-and-stiffening-competition-—-will-this-shake-tether’s-stablecoin-dominance?
Circle files IPO amid declining profits and stiffening competition — will this shake Tether’s stablecoin dominance?
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As Circle files for its IPO, what implications will this have for the broader stablecoin market? Can it challenge Tether’s $160B dominance? Circle comes full circle with its IPO bid Circle, the company behind the USD Coin (USDC) stablecoin, has…

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