PANews June 7 news, according to Yahoo Finance, Circle President and former CFTC Chairman Heath Tarbert said in a recent interview that when Circle launched USDC from 2017 to 2018, it hoped to create a new basic currency layer for the Internet that can circulate at Internet speed and make it last. As a US listed company, going public and accepting the highest standards of transparency and corporate governance requirements for Circle is an important part of itself, and it is also the next step that Circle believes is necessary.

Compared with traditional financial institutions, Circle is a neutral platform that has both the compliance genes of traditional financial services and the concept of Web3. Banks are ideal partners for Circle and will not compete with banks. The listing also shows banks and technology companies that their funds are now open and they can do business with Circle in an important way with the approval of regulators.