Deep Tide TechFlow News, June 7, according to Yahoo Finance, Circle President and former CFTC Chairman Heath Tarbert stated in an interview with Yahoo Finance that when Circle launched USDC in 2017 to 2018, it aimed to create a new type of base currency layer that could circulate at internet speed, and to ensure its lasting existence. As a publicly traded company in the United States, going public and subjecting Circle to the highest standards of transparency and corporate governance is an important part of itself, and it is also the necessary next step that Circle believes in. Compared to traditional financial institutions, Circle is a neutral platform that possesses the compliance genes of traditional financial services along with the philosophy of Web3; banks are ideal partners for Circle, and it will not compete with banks. Going public also signals to banks and tech companies that their funds are now open, and with the recognition of regulators, they can conduct business with Circle in significant ways.

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