The CEO of Circle said that the company's public offering of shares demonstrates the openness and transparency of the funds.
They are not thinking of competing with banks; on the contrary, they want to cooperate with them.
Listing on the stock exchange will increase transparency and allow for broader financial cooperation. He said that when they launched the USDC currency in 2017 and 2018, they dreamed of building a new fast and continuous currency layer.
Being a publicly listed company in the United States, the listing is considered a necessary step to meet the highest standards of transparency and corporate governance.
Circle is a neutral platform that integrates traditional financial compliance with web 3 concepts, and banks are an ideal partner for them.