4min chapter

Bankless cover image

Circle's CEO, Jeremy Allaire on USDC, SVB's Collapse, & the U.S. Banking System

Bankless

CHAPTER

Circle's Strategy Adapted to the New Phase Change of Banking in the US

The USDC is a digital dollar that people want all around the world. The company wants to bring online new settlement banks, which are sort of the money and transit piece of this. And they're also advocating for a charter with the federal government that allows us to hold cash with the Fed.

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