Tag Archives: jeremy allaire

CoinspeakerCircle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy The Circle CEO said that it's time for the US to build on-chain dollars and embrace the multichain future, otherwise, the reserve currency could lose market share to China and Europe. Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy

Jeremy Allaire – the CEO of stable coin issuer Circle – says that with bitcoin and Ethereum exploding in price as of late, he thinks countries like China – as well as many other Asian nations – are going to up their bitcoin demands and permit crypto mining like never before. Jeremy Allaire Thinks China Will Again Be a BTC Haven In a recent interview, Allaire said: Hong Kong is clearly looking to establish itself as a very significant center for digital asset...

CoinspeakerCircle CEO Advocates for Yuan-Backed Stablecoins Instead of CBDC in China China has been at the forefront of CBDC development, with ongoing trials and pilot programs for the digital yuan. Circle CEO Advocates for Yuan-Backed Stablecoins Instead of CBDC in China

CoinspeakerCircle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance Even though Circle already offers USD Coin (USDC), its co-founder and CEO Jeremy Allaire believes that introducing a Yen-linked stablecoin would provide new opportunities. Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance

USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed.  Circle has launched a euro-based stablecoin on the Avalanche blockchain to deliver prompt and efficient payments and financial services. The Euro Coin (EUROC) launch is the first of a series of anticipated multi-chain launches to aid developers and users. According to Circle’s team, Euro Coin availability on Avalanche increases liquidity and provides...

Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury. In a recent development, USDC stablecoin issuer Circle has reported that it has recently adjusted its reserve treasury in order to avoid the risks of US debt defaults. On Wednesday, May 10, Circle CEO Jeremy Allaire appraised the same stating that the firm has adjusted the mix of reserves backing the stablecoin USDC by...

It looks like all these different countries are taking a page out of what has become the infamous China crypto book. The European Union (EU) is all set to vote on whether to ban bitcoin and cryptocurrency mining given its alleged impacts on the planet. The ban would come through drafted legislation known as the Markets in Crypto Assets (MICA) framework. The EU Will Vote On a Potential Crypto Ban At the risk of sounding preachy, this is getting rather old. How many more...

Bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has lost nearly $30,000 from the recent all-time high it hit back in November of 2021. During that time, the asset was trading for roughly $68,000, but today, the currency is stuck at around $37,000. Still, that isn’t stopping men like Jeremy Allaire – the CEO of Circle, a stable coin provider – from having big beliefs about bitcoin. Jeremy Allaire Is Confident in BTC In...

Cryptocurrency startup Circle is taking a page right out of the “book of Coinbase” and has announced plans to go public. Circle Is Set to Go Public The company first needs to complete a merger with Concord Acquisition Corp., a special acquisition company led by the former CEO of Barclays Bob Diamond. This merger means Circle will soon boast a valuation of approximately $4.5 billion, making it one of the most powerful crypto-centered firms in the digital space. The news...

Starting today, January 21, the annual World Economic Forum 2020 is kicking off in Davos, Switzerland, with global leaders seen participating. Like always, this will also be a four-day event going up to January 24.This year’s WEF 2020’s theme is “Stakeholders for a Cohesive and Sustainable World”. Like every year, global leaders will speak on issues of the global economy and wider participation of countries for overall sustainable growth. Besides, there will also be talks on avoiding trade...