Circle, the company behind the USDC stablecoin, has announced it will move its global headquarters to New York City and establish a flagship space on the top floor of One World Trade Center. The new headquarters is expected to open to the world in early 2025.

Circle's co-founder and CEO, Jeremy Allaire, believes 2024 will be a pivotal year for cryptocurrency, with stablecoins becoming more widely adopted, gaining significant scale, and becoming more important. He sees 2025 as the year these ideas become mainstream.