由于监管变化，Circle 将总部迁至美国

负责第二大稳定币 USDC 的稳定币发行商 Circle 正在将其法律基地从爱尔兰迁至美国。此举是在 Circle 向美国证券监管机构秘密提交 IPO 计划之后进行的，同时恰逢利率上升导致稳定币盈利能力上升。

Circle Internet Financial Sets Sights on US Relocation Amid Legal and Regulatory Changes

Circle Internet Financial在法律和监管变化中将目光投向美国搬迁

CIRCLE Internet Financial, the issuer of the world's second-largest stablecoin, USDC, has initiated legal proceedings to relocate its legal headquarters from the Republic of Ireland to the United States. This significant move signals a strategic shift for Circle as it navigates the evolving regulatory landscape for digital assets.

全球第二大稳定币 USDC 的发行人 CIRCLE Internet Financial 已启动法律程序，要求将其法律总部从爱尔兰共和国迁至美国。这一重大举措标志着 Circle 在应对不断变化的数字资产监管环境时的战略转变。

A company spokesperson confirmed the court filing on Tuesday, May 14, but declined to elaborate on the specific reasons behind the decision. However, industry experts speculate that the move may be driven by several factors.

公司发言人于 5 月 14 日星期二证实了法庭文件，但拒绝详细说明该决定背后的具体原因。不过，业内专家推测，此举可能是由多种因素推动的。

Regulatory Clarity and Compliance

监管清晰度和合规性

The US has emerged as a major hub for digital asset innovation and regulation. Circle's relocation to the US suggests its commitment to operating within a well-defined regulatory framework. By establishing a legal presence in the US, Circle can align its operations with the latest guidelines and standards, enhancing its compliance and risk management protocols.

美国已成为数字资产创新和监管的主要中心。 Circle 迁往美国表明其致力于在明确的监管框架内运营。通过在美国建立合法存在，Circle 可以使其运营符合最新的指导方针和标准，从而增强其合规性和风险管理协议。

Access to Capital Markets

进入资本市场

In January, Circle confidentially filed plans with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO). The move to the US may facilitate Circle's access to capital markets, providing it with the necessary resources to expand its operations and further develop its stablecoin ecosystem.

一月份，Circle 向美国证券交易委员会 (SEC) 秘密提交了首次公开募股 (IPO) 计划。迁往美国可能会促进 Circle 进入资本市场，为其提供必要的资源来扩大业务并进一步发展其稳定币生态系统。

Tax Implications

税务影响

While Ireland has traditionally offered low corporate tax rates, recent reforms by the Organization for Economic Cooperation and Development (OECD) have imposed a minimum 15% tax on the profits of multinational corporations. This shift may have influenced Circle's decision to relocate to the US, where the corporate tax rate stands at 21%.

虽然爱尔兰传统上提供较低的企业税率，但经济合作与发展组织 (OECD) 最近的改革对跨国公司的利润征收最低 15% 的税。这一转变可能影响了 Circle 迁往美国的决定，因为美国的企业税率为 21%。

Business Foundation and Token Performance

商业基础和代币表现

Circle's business is predominantly anchored around USDC, a stablecoin pegged 1-1 to the US dollar and backed by reserves of cash and bonds. The circulation of USDC has fluctuated significantly in recent years, peaking at approximately $56 billion in June 2022 before experiencing a decline due to the collapse of Silicon Valley Bank, where Circle held a portion of its reserves.

Circle 的业务主要围绕 USDC，这是一种与美元 1-1 挂钩的稳定币，并由现金和债券储备支持。近年来，USDC 的流通量波动较大，在 2022 年 6 月达到约 560 亿美元的峰值，之后由于 Circle 持有部分储备的硅谷银行倒闭而出现下降。

However, USDC's circulation has since rebounded to around $33 billion, coinciding with a broader rally in cryptocurrency markets. The post-pandemic rise in interest rates has also boosted the profitability of stablecoin issuers, including Circle.

然而，USDC 的流通量此后已反弹至 330 亿美元左右，与加密货币市场的更广泛反弹同时发生。疫情后利率上升也提高了包括 Circle 在内的稳定币发行商的盈利能力。

Industry Support and Partnerships

行业支持和合作伙伴关系

Circle enjoys significant support from major players in the financial industry, including Wall Street giants such as Goldman Sachs Group and BlackRock, as well as crypto-native entities like Coinbase Global. This strong network of partners and investors will likely continue to play a crucial role in Circle's growth and development in the US and beyond.

Circle 得到了金融行业主要参与者的大力支持，包括高盛集团和贝莱德等华尔街巨头，以及 Coinbase Global 等加密原生实体。这个强大的合作伙伴和投资者网络可能会继续在 Circle 在美国及其他地区的成长和发展中发挥至关重要的作用。

Circle's relocation to the US is a testament to the company's commitment to compliance, innovation, and the long-term growth of the digital asset ecosystem. As the regulatory landscape for stablecoins continues to evolve, Circle's strategic move positions it well to navigate the complexities and capitalize on the opportunities that lie ahead.

Circle 迁往美国证明了该公司对合规、创新和数字资产生态系统长期增长的承诺。随着稳定币监管环境的不断发展，Circle 的战略举措使其能够很好地应对复杂性并抓住未来的机遇。