USDC Issuer Circle Set to Turn Into Full-Reserve National Commercial Bank

Jeremy Allaire. Source: a video screenshot, Youtube, IMF US-based crypto company Circle, the issuer of the second-most popular stablecoin USD Coin (USDC), said it’s on a journey towards becoming “a national digital currency bank.” Per today’s post by the company’s CEO Jeremy Allaire, in their founding documents, Circle “envisioned that we could build a global digital currency bank,