Wu learned that Dante Disparte, the Chief Strategy Officer of Circle, denied reports that the company is seeking a license from the US Federal Bank and made it clear that Circle has no intention of becoming a bank or insured deposit institution. Disparte pointed out that the company plans to comply with the regulatory framework for future US payment stablecoins and may apply for federal or state trust licenses or other non bank permits. He called on Congress to pass bipartisan stablecoin legislation as soon as possible to support innovation, financial stability, and consumer safety in the United States. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41525