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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.

Dante Disparte left the Facebook-linked Diem Association and joined Circle in April.
Dante Disparte left the Facebook-linked Diem Association and joined Circle in April.

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.

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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.

Greg Ahlstrand

Originally from California, I've been Asia-based since 1999, headquartered in Hong Kong and Jakarta and traveling throughout the Asean countries, Japan, Korea, the Chinese mainland and Taiwan for stories. Made Australia a couple of times, too. I started my journalism career as a news assistant at the Fresno Bee in Central California while studying the subject in school after the Navy. I went from launching and recovering helicopters on flight decks at sea to recovering papers fresh off the printer in the Bee's basement and launching them onto the editors' desks, whose editors had long since gone home for the night. Eventually, they let me stop delivering the paper and start writing stuff in it. My first beat was night cops: liquor store robberies, gang shootings, fatal car crashes (almost always alcohol related). It was an education. I am, as implied above, a U.S. Navy veteran. I served in seagoing helicopter squadrons as an aviation anti-submarine warfare technician throughout the Asia Pacific region and the Indian Ocean. I have a significant number of sailor stories to tell. I have no significant crypto holdings. Among my hobbies are welding, building stuff, home remodelling, (or knocking a house down and starting from scratch if it's too far gone to fix), riding horses and rebuilding old tractors. So far I've done a Ford 8N and a Ford 9N. It's slow going, because I live in Hong Kong and the tractors are in California, so I only get to work on them once or twice a year, for a week or two at a time - and that was before covid. I love my Lab, Cooper, whom my neighbors asked me to adopt two years ago when they moved back to Shanghai from Hong Kong. Cooper and I actually planned the whole thing -- we've known each other almost his whole life -- but his first parents are unaware of the conspiracy; and they send him Christmas presents every year.

Greg Ahlstrand