Circle dismisses banking ambitions, focuses on stablecoin regulation

26-4-2025 – Circle, the entity behind the prominent USDC stablecoin, has categorically ruled out any intention to seek a banking licence in the United States. Dante Disparte, the company’s Chief Strategy Officer, took to social media to set the record straight, asserting that Circle has no ambition to transform into a bank or any form [. . source: https://www.cointrackdaily.com/circle-dismisses-banking-ambitions-focuses-on-stablecoin-regulation/