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Bankless

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

Mar 16, 2023
Jeremy Allaire, Co-Founder and CEO of Circle, shares insights on the rocky journey of USDC amidst recent U.S. banking turmoil. He discusses the stablecoin's value dip to $0.88 and how it regained its stability. Allaire emphasizes the need for regulatory frameworks to bolster confidence in digital currencies. The conversation also touches on Circle's adaptive strategies and the significance of fostering transparent relationships with banking partners. Finally, he advocates for reforms to enhance the future of stablecoins in the evolving financial landscape.
30:17

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