Circle to Move Headquarters to New York City
CryptoNewsTerminal Staff12 Sep, 2024
Circle to Move Headquarters to New York City
Circle, the issuer of USDC, has announced that it will be moving its headquarters to One World Trade Center in New York City. The move will see Circle occupy one of the top floors of the building, which was built on the site of the World Trade Center that was destroyed in the 9/11 attacks. The ribbon-cutting ceremony will take place on the 13th and will be attended by New York City Mayor Eric Adams. Adams, a crypto-friendly mayor, has previously stated that he wants to make New York a crypto hub. Circle's move to New York City is a sign of the growing importance of digital assets and the blockchain industry. New York City is home to a number of other major crypto companies, including Coinbase and Gemini. The city's financial infrastructure and regulatory environment make it an attractive location for crypto businesses. Circle's move to One World Trade Center is also a symbolic gesture. The building is a reminder of the resilience of the city of New York and the strength of the American spirit. Circle's presence in the building will help to further revitalize the area and make it a center for innovation and economic growth.
