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.
Updated May 11, 2023 at 4:04 p.m. UTC
![Dante Disparte left the Facebook-linked Diem Association and joined Circle in April.](https://www.coindesk.com/resizer/9HrbZbJn4mTcbIdP0INNZCxGBWU=/567x366/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UDQTBASP4BE57JSOWFN5ZIGXYU.jpg)
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.