Circle CEO: Still not changing listing vision, market hopes stablecoin legislation can be passed after US election

According to Bloomberg, Jeremy Allaire, CEO of stablecoin USDC issuer Circle, stated in an interview that the company has been eager to go public for many years and has not changed this vision, and the company does not need to obtain funding from the private equity market. Jeremy Allaire said, "We are committed to the path to going public. Circle can be a truly interesting company in the public market, but the road to going public has always been bumpy Earlier this year, Circle chose a more traditional path and secretly submitted a registration draft for its IPO to the US Securities and Exchange Commission in January. In the nine and a half months since submitting the IPO registration draft, Jeremy Allaire has refused to comment on any contact between the company and the US Securities and Exchange Commission or other regulatory agencies, during which the US government has launched large-scale crackdowns on companies in the cryptocurrency industry. Circle has been increasing its staffing this year in hopes of going public, and the hiring frenzy is also driven by regulatory optimism that Washington lawmakers may ultimately provide some regulatory framework for the industry in the form of a stablecoin bill. Jeremy Allaire stated that the market is strongly optimistic that stablecoin legislation may be passed after the November election this year, and new regulatory measures will allow more traditional financial participants (including banks, asset management companies, and payment companies) to enter the cryptocurrency ecosystem with peace of mind. They will only cooperate with regulated infrastructure, and Circle is prepared for this.