$USDC Circle President Discusses USDC Development and IPO Plans

AI Summary

According to ChainCatcher, Circle President Heath Tarbert stated that when Circle launched USDC from 2017 to 2018, it aimed to create a new type of base currency layer that could circulate at internet speed and ensure its lasting presence. As a publicly listed company in the United States, Circle believes that going public is a necessary step to accept the highest standards of transparency and corporate governance requirements. Circle is a neutral platform that combines the compliance genes of traditional finance with the ideals of Web3, 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.