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Original article by: Jeff Dorman , Chief Investment Officer, Arca Original translation: Yuliya, PANews As the issuer of USDC stablecoin, Circles IPO should have been an important milestone for the crypto industry to move towards mainstream finance, but the issuance process has caused widespread controversy in the crypto circle. In this article, Arca Chief Investment Officer Jeff Dorman, from an eyewitness perspective, strongly criticized Circles preference for traditional financial institutions and neglect of crypto native participants in IPO placements, and used this to explore why the core concept of the crypto industry, aligned interests, has been repeatedly deviated from in the traditional IPO system. The following is the original article, which PANews has compiled. Circle, the company behind the USDC stablecoin, completed its initial public offering (IPO) last week, pricing…# Analysis# defi# Exchange# Market# NFTs# Token# Tool# web3Pre
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