$USDC The CEO of Circle, Jeremy Allaire, expects imminent executive orders from the President of the United States, Donald Trump, that will allow banks to trade cryptocurrencies, offer investments in digital currencies to wealthy clients, and hold them in wallets.

Circle is the issuer of the stablecoin USDC, a digital token linked to the value of the US dollar. USDC is the second largest stablecoin in the world by market value and ranks eighth among the largest cryptocurrencies.