Circle exec urges room for banks, startups in Asian stablecoin regimes

World's second-largest issuer hopes for cross-border regulatory harmonization Circle, which listed on the NYSE in June 2025, is the issuer of the world's second-largest stablecoin, USDC. © Reuters BANGKOK -- Circle, the U.S. issuer of the world's second-largest stablecoin, is urging Asian jurisdictions to make space for competition, with chief strategy officer Dante Disparte arguing that experience in the American and European markets shows the sector can accommodate big banks as well as startups.