Circle Names Devron Brown, Former US House Senior Counsel for Fintech, as Director for Global Policy

Brown worked as a lawyer in Congress in 2020.

AccessTimeIconOct 1, 2021 at 6:05 a.m. UTC
Updated Oct 1, 2021 at 3:59 p.m. UTC

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.

Circle, the payments company that operates stablecoin USDC and equity crowdfunding platform SeedInvest, has named Devron Brown as its senior director for global policy, according to a tweet posted by Circle’s Dante Disparte.

Brown started in September, according to his LinkedIn profile.

Circle is adding to its policy ranks as global regulators take a closer look at the booming stablecoin sector. Circle’s dollar-backed USDC now has a market capitalization of over $31 billion. U.S. politicians have taken to likening stablecoins to the “wildcat notes” of yore.

CORRECTION (Oct. 1, 14:15 UTC): An earlier version of this story mistakenly said Circle still operates the Poloniex crypto exchange. Circle sold Poloniex in 2019.

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Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.

CoinDesk - Unknown

Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.