USD Coin’s Circle Going Public via SPAC

Circle, the company behind cryptocurrency USD Coin (USDC) is planning on going public via a SPAC.

Jeremy Allaire: Breaking News From US Treasury – Banks Can Use Public Blockchains

The U.S. Department of Treasury is now going to allow banks to treat public chains as infrastructure similar to SWIFT, ACH and FedWire, and stablecoins like USDC as electronic stored value.