According to online reports, Heath Tarbert, Circle President and former CFTC Chairman, said in a recent interview with Yahoo Finance that when Circle launched the USDC from 2017 to 2018, it hoped to create a new basic currency layer for the Internet that could flow at Internet speeds and make it sustainable. As a U.S. listed company, going public and having Circle accept the highest standards of transparency and corporate governance requirements is an important part of itself and the next step that Circle deems necessary. Compared with traditional financial institutions, Circle is a neutral platform that has both the compliance genes of traditional financial services and the concept of Web3. Banks are ideal partners of Circle and will not compete with banks. The listing also shows banks and technology companies that their funds are now open and that, with regulatory approval, they can do business with Circle in important ways.