Circle CEO: Company Will Reap More Benefits from the <i>GENIUS Act</i>, Continuing to Accelerate Growth

By: theblockbeats.news|2025/07/19 11:02:09
0
Share
copy

BlockBeats News, July 19th, Circle CEO Jeremy Allaire stated in an interview that he believes the company will receive more benefits from the GENIUS Act due to its consistent compliance history.

“I think the GENIUS Act has codified Circle's approach into law,” Jeremy Allaire said. Top institutions choose to partner with Circle precisely because of the trust the company has earned over the years through its commitment to public audits and compliance with the global regulatory framework.

“We believe this legislation will continue to accelerate our growth opportunities,” Jeremy Allaire said, “as we are shifting from offshore cryptocurrency 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 the two companies rarely appear together. The GENIUS Act signing ceremony held at the White House on Friday provided a rare opportunity—both Paolo Ardoino and Jeremy Allaire stood behind President Trump as he signed the bill.

You may also like

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Overview of Important Market Events on June 1st

Guaranteed Price Now Live on WEEX: Execute with Greater Precision

To deliver a smoother futures trading experience, WEEX futures has launched a "Guaranteed Price" feature.

Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

Overview of Important Market Events on May 31

BIS's latest research: The future of stablecoins and the global monetary landscape

The report believes that stablecoins will strengthen the dominance of the US dollar in the short term, posing risks to the monetary sovereignty of emerging markets and developing economies, while the long-term trajectory will depend on their adoption models, regulatory responses, and the synergy of ...

Interview with macro master Raoul Pal: The AI competition is giving rise to an "economic singularity," don't easily give up your chips in the next four years

Compared to Nasdaq, Bitcoin is currently in a severely oversold position within its long-term trend.

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times his investment in storage stocks? (Six) - The Trap of Homogeneous Products

In-depth analysis of the cyclical curse of storage stocks: The short-term windfall brought by AI is unsustainable, and rigid capacity will ultimately backfire on prices. Beware of the "low price-to-earnings ratio" wealth trap at the cyclical peak.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com