On June 7, Heath Tarbert, president of Circle and former chairman of the CFTC, said in the latest interview that when Circle launched USDC from 2017 to 2018, it hoped to create a new base currency layer for the Internet that can circulate at the speed of the Internet and make it last. As a U.S.-listed company, going public and having Circle accept the highest standards of transparency and corporate governance is an important part of itself and the next step that Circle believes is necessary.
Compared to traditional financial institutions, Circle is a neutral platform that possesses the compliance genes of traditional financial services while also embodying the principles of Web3. Banks are ideal partners for Circle and will not compete with them. The listing also indicates to banks and technology companies that their funds are now open, and with the recognition of regulatory authorities, they can engage in business with Circle in significant ways.
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Circle CEO: USDC positions itself as the foundational currency layer of the internet, and listing is a necessary next step.
On June 7, Heath Tarbert, president of Circle and former chairman of the CFTC, said in the latest interview that when Circle launched USDC from 2017 to 2018, it hoped to create a new base currency layer for the Internet that can circulate at the speed of the Internet and make it last. As a U.S.-listed company, going public and having Circle accept the highest standards of transparency and corporate governance is an important part of itself and the next step that Circle believes is necessary.
Compared to traditional financial institutions, Circle is a neutral platform that possesses the compliance genes of traditional financial services while also embodying the principles of Web3. Banks are ideal partners for Circle and will not compete with them. The listing also indicates to banks and technology companies that their funds are now open, and with the recognition of regulatory authorities, they can engage in business with Circle in significant ways.