Circle CEO: The company will gain more returns from the GENIUS Act and continue to accelerate development.

On July 19, Circle CEO Jeremy Allaire stated in an interview that he believes the company will reap more benefits from the GENIUS Act due to its consistent compliance history. "I believe the GENIUS Act has written Circle's business approach into law," Jeremy Allaire said. Top institutions choose to partner with Circle precisely because the company has earned trust through years of commitment to public audits and adherence to global regulatory frameworks. "We believe this law will continue to accelerate our growth opportunities," Jeremy Allaire said, "because we are transitioning from offshore crypto assets trading to legitimate digital dollar currency and integrating it into the mainstream financial system." Although Tether and Circle are fierce competitors who often criticize each other, the leaders of both companies hardly ever appear in the same venue. The signing ceremony of the GENIUS Act at the White House on Friday provided this rare opportunity — as President Trump signed the bill, Paolo Ardoino and Jeremy Allaire both stood behind Trump.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)