$USDC According to ChainCatcher, Circle President Heath Tarbert stated that when Circle launched USDC in 2017 to 2018, they aimed to create a new type of base currency layer that could circulate at internet speed and endure over time. As a publicly traded company in the United States, Circle believes that going public is a necessary step to meet the highest standards of transparency and corporate governance requirements. Circle is a neutral platform that combines traditional financial compliance DNA with Web3 philosophy, and banks are ideal partners. Going public indicates open funding, regulatory recognition, and the ability to engage in significant business with banks and technology companies.