Circle Internet Financial emphasizes the potential benefits of public blockchains and digital currencies, such as USDC and EUROC, in enhancing market competition and serving consumers' best interests. In response to the Central Bank of Ireland's review of its Consumer Protection Code, Circle highlighted how blockchain technology can increase competition, expand consumer choice, and disaggregate financial services. The company advocated for regulatory frameworks that support innovation while safeguarding consumers, suggesting the use of regulatory sandboxes for testing new technologies. Circle also pointed out that public blockchains offer transparency, which can improve financial literacy and consumer protection while safeguarding privacy using emerging technologies like zero-knowledge proofs. The firm underscored the importance of real-time regulatory oversight to identify financial anomalies and market abuses, aligning with global efforts to improve financial systems through decentralized finance and embedded supervision.