Circle Strongly Announces Headquarters Relocation to New York City, Blockchain Detective Zach Swears and Denounces Circle

The issuer of the stablecoin USDC, Circle, announced that it will relocate its global headquarters to New York City and plans to establish a flagship office space in the high-rise building of One World Trade Center. By setting foot in the economic hub of the United States, Circle stated that this move signifies a significant investment in New York City and the U.S. economy. However, this action has sparked strong criticism from the online sleuth ZachXBT, who even resorted to using foul language. What could be the reason behind this?

Circle Moves Headquarters to New York City, Challenging the Pinnacle of American Finance

Circle has announced that its stablecoin USDC has facilitated trillions of dollars in on-chain transactions and has become a globally recognized new form of digital currency. With the advancement of technology, Circle's influence is growing day by day. The new headquarters of Circle is located in the high-rise building of One World Trade Center, a non-traditional office space designed to be a collaborative and innovative gathering place. It aims to bring together stakeholders from around the world to explore and build a new network financial system.

Circle's CEO Jeremy Allaire mentioned that despite the belief held by many that the U.S. government is hostile towards the crypto industry, he stated, "We are at a critical moment, and the U.S. will be the decisive leader in guiding and supporting this technological and financial revolution." As a technology leader in the U.S., Circle's decision to establish its headquarters in New York City is a strong show of support for the United States and New York City.

Circle believes that the One World Trade Center is the tallest building in the Western Hemisphere, overlooking Wall Street, the New York Stock Exchange, and the Federal Reserve Bank of New York, symbolizing freedom and America's central position in the global economy. This choice demonstrates Circle's commitment to future financial infrastructure.

Crypto Detective ZachXBT: FXXX Circle

Upon seeing the news about Circle, crypto detective ZachXBT was outraged. He expressed his anger, stating that Circle does not care about the ecosystem and is solely focused on profiting from it.

He recounted Circle's past actions, noting that Circle has never blacklisted anyone after any DeFi exploit or hacking incident, even with ample time to do so. Circle only profits from these transactions.

After the attack by the North Korean hacking group Lazarus, it took Circle 4.5 months to freeze their funds, longer than other stablecoin issuers. "Don't pretend to be righteous; you are the problem itself," ZachXBT remarked.