Circle CEO: Stablecoin Legislation in the US Likely to Pass, IPO Plans Currently Confidential

Jeremy Allaire and Dante Disparte did not specifically mention the “Clarity for Stablecoins Act” in their previous report. Due to the imminent departure of Patrick McHenry, the Chair of the House Financial Services Committee, it is expected that he will attempt to prioritize the “Crypto Market Structure Act” during his term. If unsuccessful, the Stablecoins Act would serve as McHenry’s backup plan.