Circle CEO: The Company Will Gain More Benefits from the GENIUS Act and Continue to Accelerate Its Growth

BlockBeats News, July 19 — Circle CEO Jeremy Allaire stated in an interview that he believes the company will reap greater benefits from the GENIUS Act due to its consistent track record of compliance.

“I believe the GENIUS Act essentially codifies the way Circle operates into law,” said Jeremy Allaire. Leading institutions choose to work with Circle precisely because the company has earned trust over the years through public audits and adherence to global regulatory frameworks.

“We believe this legislation will continue to accelerate our growth opportunities,” Jeremy Allaire said, “because we are shifting from offshore crypto trading to legitimate digital dollar currencies and integrating them into the mainstream financial system.”

Although Tether and Circle are fierce rivals who frequently criticize each other, the leaders of the two companies are rarely seen together. The signing ceremony for the GENIUS Act at the White House on Friday provided a rare opportunity—both Paolo Ardoino and Jeremy Allaire stood behind President Trump as he signed the bill into law.