The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are mutually terminating a proposed business deal between the two groups. Concord Acquisition Corp is a publicly traded special purpose acquisition company. Says Concord The post USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report appeared first on The Daily Hodl .