Circle Internet Financial, a renowned global fintech firm and issuer of USDC, has disclosed the appointment of Heath Tarbert as its new Chief Legal Officer and Head of Corporate Affairs. With his extensive experience in regulatory affairs and a distinguished career in leadership positions across various branches of the federal government and regulatory agencies, Tarbert is set to play a crucial role in driving Circle’s global growth strategy. Tarbert was previously chief legal officer at Citadel Securities and succeeds Flavia Naves, general counsel at Circle
The decision to bring Tarbert onboard underscores Circle’s commitment to integrating traditional finance with Web3, the decentralized web powered by blockchain technology. Circle’s co-founder and CEO, Jeremy Allaire, applauded Tarbert’s appointment, explaining that his vast legal expertise and global regulatory experience would be invaluable as the company seeks to enhance the utility value of its stablecoin, USDC, on a global scale.
His experience includes serving as the 14th chairman and chief executive of the Commodity Futures Trading Commission (CFTC), vice chairman of the International Organization of Securities Commissions.
Tarbert, on his part expressed his exhilaration to be part of Circle and contribute immensely to its mission of evolving the global financial system. He stressed the need for sound regulatory rules that provide clarity and protection for individuals and businesses dealing with digital assets.
Circle is a popular Fintech- based organization that offers businesses the ability to leverage digital currencies and public blockchains for various financial applications. It is well-known as the issuer of USDC and Euro Coin, trusted and interoperable money protocols used across the internet