Stablecoin Veteran Warns Circle of IPO Costs
Circle’s expenses in its bid to go public threaten its position as the issuer of the second-largest stablecoin by market capitalization, according to Kevin Lehtiniitty, CEO of Borderless, in an interview with The Block. The entrepreneur was involved in launching the “first fully reserve-backed” US coin, TrueUSD. His current firm provides infrastructure for financial institutions […]