Circle has appointed Dante Disparte as Chief Strategy Officer and Head of Global Policy to help drive global strategy for Circle, and manage and lead global initiatives to help shape policy and engage and collaborate with industry and public sector leaders around the world.
Described as prolific, he brings decades of experience working on complex global financial and risk issues. Most recently, Disparte was Executive Vice President at Diem Association, where he led engagement and communications with government and financial industry leaders around the world on the issues and opportunities presented by stablecoins and digital currency.
Jeremy Allaire, co-founder and CEO of Circle, commented: “From the first time I met Dante, he struck me as one of the smartest, most articulate and strongest strategic thinkers in the world on the economic, financial and policy issues surrounding global adoption of digital currency. With great passion, and a deep sense of mission for what this technology can do to transform the world, I immediately saw in Dante the presence and energy of someone who was clearly an agent of change.”
Disparte is Founder, Chairman and CEO of Risk Cooperative, a coverholder at Lloyd’s, which is a strategic risk advisory and insurance brokerage firm licensed to originate, place and service innovative risk-transfer and insurance solutions.
Circle is responsible for the creation and development of USDC, the fastest-growing dollar digital currency in the world. The firm has grown to keep pace with the popularity of the stablecoin as thousands of companies now depend on Circle services to power digital dollar markets, payments, savings, lending, content and commerce applications.
The company is adding hundreds of new employees and scaling up operations around the world. Dollar stablecoins are becoming one of the most critical new infrastructures of the internet and commerce.
In 2020, we reported that the UK and European affiliate of Gemini Trust Company snatched Circle’s Chief Compliance Officer for the EMEA region, Blair Halliday.
Halliday supervises the strategic direction of Gemini’s compliance program in the U.K. and Europe, an emerging region for the company.
Circle is partially backed by Goldman Sachs and is also one of the largest OTC service providers in cryptocurrency market.
CENTRE Consortium, a joint venture co-founded by peer-to-peer payments platform Circle and US-based cryptocurrency exchange Coinbase, was created to establish a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.
As a result of the common vision of an open global financial system built on crypto rails and blockchain infrastructure, as well as the need to build interoperable protocols and standards needed for fiat to work over the open internet, CENTRE launched USD Coin as its first major initiative.