According to CoinDesk, Circle, the second-largest stablecoin issuer, is moving its global headquarters to the iconic One World Trade Center in New York City. The company will occupy one of the top floors of the tallest building in the Western Hemisphere. A ribbon-cutting ceremony for the move is scheduled for Friday, with New York City Mayor Eric Adams in attendance.

In its opening announcement, Circle stated, "This will not be an office, it will be a powerful gathering space."

One World Trade Center, located on the site of the former World Trade Center and also known as Freedom Tower, is currently the global headquarters of the Condé Nast Group and home to companies like MDC Partners, Reddit, Code & Theory, and BounceX. Circle previously had its U.S. office in Boston and is now planning to relocate its legal headquarters from Ireland to the U.S.