Circle Supports the UK's Vision for Stablecoins and Innovation

Circle Internet Financial expresses support for the UK's Financial Conduct Authority (FCA) as it moves toward regulatory clarity for stablecoin issuance, custody, and prudential standards, aligning with the UK's goals of fostering digital asset innovation and global competitiveness. Circle has submitted responses to the FCA's consultations, advocating for a principles-based regulatory approach that balances consumer protection with proportionate oversight, and is aligned with international frameworks like the EU's MiCA rules. The company emphasizes the importance of safety and liquidity in backing assets, operational viability in redemption processes, and cross-border harmonization to prevent fragmentation. Circle also supports a tailored prudential regime focusing on operational resilience, transparency, and flexibility in third-party arrangements. By engaging constructively in the regulatory process, Circle aims to contribute to the UK's ambition to become a global hub for fintech and digital assets, while ensuring that the regulatory framework supports both innovation and safety.

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