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According to Techub News, in an interview, Circle President and former CFTC Chairman Heath Tarbert stated that going public allows Circle to adhere to the highest standards of transparency and corporate governance requirements. Banks are the ideal partners for Circle, and it does not intend to compete with them. At the same time, going public also indicates to banks and tech companies that Circle's funds are open, and with the recognition of regulatory agencies, they can engage in significant business with it.