Circle IPO further legitimizes crypto before regulators, outsiders

Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?”
Source: Circle IPO further legitimizes crypto before regulators, outsiders (https://cointelegraph.com/news/circle-ipo-further-legitimizes-crypto-before-regulators-outsiders)
Would appreciate your opinion about this