The chief executive of stablecoin issuer Circle says that dollar-pegged digital assets should become a mass export product of the United States. In a new interview on CNBC Television, Circle CEO Jeremy Allaire says that the US should promote “full reserve digital dollars” as a means of preserving the value of the US dollar. Allaire […]
The post Stablecoins Should Become Mass Export Product of the US, Says Circle CEO Jeremy Allaire appeared first on The Daily Hodl.
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.
Stablecoin issuer Circle says its United States-dollar pegged token has become the first of its kind to comply with incoming listing rules set out by Canada’s securities regulator — allowing it to continue to be listed on licensed crypto trading platforms in 2025.
Circle USD (USDC) met all requirements laid out in the Canadian Securities Administrators’ (CSA) Value-Referenced Crypto Asset (VCRA) regime, the firm said in a Dec. 4 statement.
A VRCA is a crypto asset that is designed to maintain a stable value over time by referencing the value of a fiat currency or any other value or right, or combination thereof.
Circle chief executive Jeremy Allaire reportedly thinks stablecoins will become a regulated financial network all over the world. Allaire says in a new interview with the South China Morning Post (SCMP) that Circle is acting as a test subject for global stablecoin regulation. According to Allaire, stablecoin regulation is in its early days and the […]
The post Circle CEO Jeremy Allaire Says Stablecoins To Become Regulated Financial Infrastructure ‘Everywhere’: Report appeared first on The Daily Hodl.
Stablecoin issuer Circle is reportedly determined to become a publicly listed company despite a drawn-out initial public offering (IPO) approval process. In January of this year, Circle announced it had submitted a draft registration statement to the Securities and Exchange Commission (SEC) related to a proposed initial public offering (IPO). Although nine months have passed […]
The post Circle CEO Jeremy Allaire Says Firm Still Eyeing IPO Despite Delays: Report appeared first on The Daily Hodl.
Circle CEO Jeremy Allaire says that the US is on the cusp of becoming a global leader in crypto innovation and development. In a new thread on the social media platform X, the co-founder of the USDC stablecoin issuer says that the US is nearing a “turning point” where the government is no longer hostile toward […]
The post Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto appeared first on The Daily Hodl.
The chief executive of stablecoin issuer Circle (USDC) says that the firm is moving its headquarters to New York City. In a new thread on the social media platform X, Circle CEO Jeremy Allaire says that the company is moving to New York from Boston to immerse itself in the world of Wall Street as […]
The post Stablecoin Crypto Giant Circle Moves Headquarters to New York City appeared first on The Daily Hodl.
Circle chief executive Jeremy Allaire thinks digital currencies will enable the same ballooning transformation for money velocity as the internet did for information publishing and software development. In a new interview with Empire, Allaire says that the “physics of the internet,” which he defines as the capacity of interconnected computer networks to synchronize states, is […]
The post 1,000X Money Transformation in Sight As Digital Currencies Change Costs of Moving Value to Zero: Jeremy Allaire appeared first on The Daily Hodl.
Circle CEO Jeremy Allaire says that the vast majority of unexpected developments in crypto still haven’t occurred yet. In a new interview on the Empire podcast, Allaire says that the two things that surprised him were memecoins and non-fungible tokens (NFTs). “Memecoins and NFTs… The whole phenomenon, and the way in which those phenomena emerged […]
The post Circle CEO Jeremy Allaire Says ‘More Suprises to Come’ in Crypto Industry – Here’s Why appeared first on The Daily Hodl.
The chief executive of stablecoin issuer Circle says that the US crypto industry is looking for a clear statement from presidential candidate Kamala Harris on her stance on digital assets. In a new interview with CNBC Television, Circle CEO Jeremy Allaire says that the digital assets industry is looking for Harris, who became the Democratic […]
The post US Digital Asset Industry Looking for Clear Statement From Kamala Harris on Her Crypto Position: Jeremy Allaire appeared first on The Daily Hodl.
The chief executive of USDC issuer Circle is revealing his “extraordinary” long-term outlook on the digital assets industry. In a new interview with investor Anthony Pompliano, Circle CEO Jeremy Allaire says that over the years, stablecoins will slowly encroach on the dominance of electronic money held by banks. Allaire compares stablecoins to online videos and […]
The post Circle CEO Jeremy Allaire Unveils ‘Extraordinary’ Long-Term Crypto Prediction – Here’s His Outlook appeared first on The Daily Hodl.
