USDC’s issuer has joined the GTR network to strengthen international compliance, helping it expand Circle support for FATF-aligned digital assets transfers.
According to a blog post by Circle dated August 20, 2025, it has joined the Global Travel Rule Network, an alliance of virtual assets service providers led by the well-known crypto exchange Binance, which aims to implement the Financial Action Task Force Travel Rules for virtual asset transfers.
With this development, Circle is now a member of both the TRUST and GTR networks, enabling access to a wide range of VASPs and providing jurisdiction-agnostic coverage for compliant digital asset transfers.
Mandeep Walia the Chief Compliance and Risk Officer at Circle argued after this GTR joining that, “ As jurisdictions across the globe implement the Travel Rules, Circle remains committed to meeting these evolving standards with clarity and consistency by becoming part of both GTR and Trust we are reinforcing the global compliance infrastructure for the transfer of USDC between regulated institution offering secure, cross border flows for enterprises payment fintech platform and financial partners.”
“The participation of major VASPs such as Hashkey and Binance cements GTR as a robust expansion of Circle Travel Rules compliance, boosting our ability to facilitate compliant digital assets transfers around primary markets including France and Singapore, Walia added.”
Noah Perlman, Chief Compliance Officer at Binance, said, ” Circle’s entry into GTR underscores the network’s mission: creating a seamless, secure pathway for VASPs to share required data without compromising user privacy. We’re delighted to welcome Circle and look forward to deepening our collaboration to advance responsible innovation.”
Circle’s IPO is a role model for private crypto companies
After spending years in the crypto market, Circle announced its IPO in May 2025, and after it entered the New York Stock Exchange, it gathered massive attention from traditional investors as well as traders.
Following Circle’s IPO few other companies joined the list and have already submitted their application and documentation with the regulators to debut soon.
According to the data from Google Finance, Circle Internet Group Inc.’s stock is priced at $137.81 with an increase of 1.91%, yet in the past 5 trading sessions, it lost 8.85% of its price.
However, in the monthly trading frame, the CRCL stock is down by 36.23%, but since its debut, it has added 65.58% to its stock. At the same time, the company’s market capitalization is $31.89 billion, which was recorded below $30 billion at a time in July this year.
Circle reported a revenue of $578.57 million in Q1, 2025, yet its net income was $64.79 million with a net margin of 11.28%. In Q2, the revenue was $658.08 million with a net income of negative $482.10 million, and the net margin was negative 73.26%.
The estimated revenue in Q3 is $677.62 million, and EPS is $0.14.
