2min snip

Empire cover image

Why the Dollar's Stablecoin Update is Inevitable | Jeremy Allaire, Circle

Empire

NOTE

Unleashing the $100 Trillion Opportunity

The Total Addressable Market (TAM) for legal electronic money stands at an astonishing $100 trillion, encompassing money that is actively used across various economies and currencies. Within this vast market, specific niches reveal significant revenue potential, such as the $2.5 trillion crypto market, the $1 trillion retail payments sector, and a considerable $130 billion in annual B2B electronic payments. Additionally, capital market transactions reach into the quadrillions, highlighting the extensive use of money in trading and financial exchanges. Both the storage and utility aspects of electronic money present immense opportunities for innovation and growth, comparable to the transformative potential of the internet.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode