Company
Date Published
Author
Team Circle
Word count
682
Language
English
Hacker News points
None

Summary

Circle Internet Financial experienced significant growth and expansion in 2023, launching Web3 Services and the Cross-Chain Transfer Protocol to enhance utility for Web3 developers and facilitate easier access to the internet financial system. The company prioritized globalizing its business by obtaining new licenses and approvals to expand the reach of its stablecoins, USDC and EURC, into more markets, including Singapore and France. Circle's leadership emphasized the importance of business integrity and regulatory clarity as key components of their stablecoin network, aiming to align with evolving global standards for digital assets. As Circle continues to develop its products and partnerships, it anticipates further advancements in 2024 to enhance access and utility within the internet financial system, supported by growing regulatory clarity.