Amid growing concerns from global investors and lawmakers over stablecoins' risks to the stability of the global financial system, Dante Disparte, Chief Strategy Officer at Circle, and former vice chair of the Meta-initiated Diem Association, discusses the USDC issuer's plans to go public in a deal at a $9 billion valuation, twice the level it originally agreed to in July. "The point of going public is to heighten the type of public trust ... public transparency ... as a part of a broad revolution of what is taking place in ... Web 3," he said. Plus, possible lessons learned from the Diem project.
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