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šŸ”·šŸ”¶ Stablecoin distributor Circle may be scaling back its initial public offering (IPO) plans due to macroeconomic uncertainty. šŸ”¶ The main reason, according to a report by *The Wall Street Journal*, is the instability in the US stock market after President Donald Trump banned protectionist tariff policies. šŸ”· Growing concerns about a global economic recession have led countries to respond with counter-tariffs.
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