Circle Faces Pressure Amid Weaker Post‑IPO Performance

Circle, the issuer of the USDC stablecoin, is facing a challenging post-IPO phase as its performance has not met investor expectations, contributing to a broader slowdown in crypto IPOs. The company's stock is underperforming, with investors increasingly scrutinizing crypto companies’ revenue visibility and profitability. This trend highlights the difficulty crypto firms face when going public amid regulatory uncertainty and evolving market conditions.