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Merchants work on Earth New York Stock Exchange (NYSE), Circle Internet group on the IPO day, in the New York City, USA, 2025 June 5.
Brendan McDermid | Reuters
Stablecoin Sender Circle the Internet Group He has asked the National Bank Letter, to take its mission to the traditional financial world, after its premiered in the company’s market, CNBC confirmed.
Shares rose by 1% after hours.
If the currency driver’s office gives a bank letter, the circle will establish the first digital digital currency bank under the letter, under the circle. USDC StablecoinIt will also be able to provide care services for future institutional customers for assets, which could be representations of shares and bonds in the network.
Reuters First it has been reported in the Circle Bank Letter application.
There is no plan to change the management of USDC reserves, which are now made up of other important banks.
Anchorage is the only Crypto company To achieve this license.
Circle movement comes Successfully wild IPO And the public market debut trade month. The company’s shares are 484% in June. The company is beneficial after a wave of optimism after the Senate passage of genius actionThe US will provide a regulatory framework for Stablecoins.
Being a federally regulated trust letter also meets the requirements under Genius law.
“Our goal of digital currency reliability is our goal, it is transparent, efficient and accessible to build the Internet financial system”, Circle CEO said in a statement shared by Jeremy Allaire with CNBC. “When requesting a national letter of trust, the circle takes proactive steps to increase our USDC infrastructure.”
“Further, we believe to send and exploit stable payment of dollars. We believe that improving the scope of the US dollar and improving resilience in the world and develop the world neutral infrastructures.
