Circle's CEO, Jeremy Allaire on USDC, SVB's Collapse, & the U.S. Banking System
Co-Founder and CEO of Circle, Jeremy Allaire, answers the question, "What's next for USDC?"
It's been a rocky week for the stablecoin. Bottoming out right around $0.88 amidst the U.S. banking crisis, it seems to have regained its peg. What happened behind the scenes? What regulation is needed according to Jeremy? And most importantly, what's next for USDC?
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Timestamps:
0:00 Intro
3:52 Update on the Past Week
15:44 Circle's Adapted Strategy
20:32 CBDCs
26:18 What Regulation is Needed?
29:02 Closing & Disclaimers
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Resources:
Jeremy Allaire
https://twitter.com/jerallaire
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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