Circle USDC reserves are “safe and secure” and liquidity operations will resume when U.S. banks open Monday, CEO Jeremy Allaire said on Twitter. “We were heartened to see the U...
Tag: Allaire
Jeremy Allaire Says Circle Will Use Own Resources to Cover Shortfalls As USDC Moves Closer to Peg
Circle CEO Jeremy Allaire is speaking out for the first time following USDC‘s depeg from the dollar, which saw over $6.3 billion disappear from the second-largest stablecoin’s market cap. In a new com...
“Technology Didn’t Commit Fraud,” Says Circle CEO Jeremy Allaire
“Technology didn’t commit fraud, but firms and people did.” comments Circle CEO. Singapore’s Tharman calls the crypto market “inherently speculative” and “slightly crazy.” ECB’s Villeroy analyzes the ...
Circle CEO Jeremy Allaire Says Crypto Use Cases Still Remain Strong Following FTX Debacle
The CEO of USD Coin (USDC) issuer Circle says that the concept of crypto offering more transparency than traditional finance still holds amid the current fiasco in the industry. In a new interview on ...
Circle CEO Jeremy Allaire Says Stablecoin-Issuer Not Affected by Troubles at Crypto Exchange FTX
The CEO of USD Coin (USDC) issuer Circle says that crypto exchange FTX’s liquidity issues bear no significant impact on the stablecoin company. Jeremy Allaire says that Circle provides services to bot...
Circle CEO Allaire calls FTX crisis crypto’s ‘Lehman Brothers’ moment
Jeremy Allaire, co-founder and CEO of Circle, said the FTX insolvency crisis, which has thrown the crypto market into turmoil, is the “Lehman Brothers” moment for crypto. “Fina...
Circle CEO Jeremy Allaire Says JPMorgan and Traditional Finance Threatened by Idea of Full Reserve Banking
The chief executive of the company behind USD Coin (USDC) says that traditional financial institutions are feeling vulnerable to the idea of full-reserve banking systems. In a new discussion with Shar...
Circle CEO Jeremy Allaire Says Company Intends To Become Full Reserve Digital Currency Bank
The chief executive of USDC issuer Circle says that the company is committed to a path where they are regulated like a bank. In a new interview with CNBC, Jeremy Allaire tells host Kate Rooney that Ci...
Circle CEO Allaire Supports Binance Stablecoin Decision
Jeremy Allaire, the co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, has responded to the Binance cryptocurrency exchange’s move to stop supporting USDC trading. The Circle CEO sa...
Jeremy Allaire on the Ongoing Crypto Crash
The crypto space is in turmoil. Much of this can be related to the recent fall of Terra USD, a known algorithmic stable coin that ultimately lost its peg a few weeks ago and sent many assets into a fr...
“We Have Zero Issues,” Circle’s Jeremy Allaire Says As Rumours Of USDC Collapse Surface ⋆ ZyCrypto
Advertisement     Jeremy Allaire, CEO of USDC issuer Circle has moved in to quell rumors of an impending USDC collapse following a crypto market deleveraging event tha...
Jeremy Allaire refutes allegations Circle is on the brink of insolvency
Circle CEO Jeremy Allaire on July 2 posted a Twitter thread responding to unfounded allegations that Circle is floundering amid the challenging market conditions. In debunking the claims, Allaire said...
Circle CEO Jeremy Allaire Says Company Amping Up Transparency Amid Crypto Market Troubles
The chief executive officer of blockchain-focused payments platform Circle says that the firm is stepping up its efforts to be transparent as some companies in the crypto space face existential threat...
Crypto remittances must have allure of cash without regulatory constraints — Jeremy Allaire
Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries — and must be able to do so without regulatory constrain...
Circle to Apply for Crypto Bank Charter Soon: CEO Jeremy Allaire Circle to Apply for Crypto Bank Charter in ‘Near Future’: CEO Allaire
Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future. According to co-founder and CEO Jeremy Allaire, the company has ...
With crypto in focus, Circle’s Allaire sees US winning the digital dollar race
The rise of cryptocurrencies, one of the biggest financial trends to emerge in years, has raised the stakes for regulators to exert more influence over the sector, while protecting investors. The rapi...
Jeremy Allaire: BTC Will Reach Seven Figures
Bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has lost nearly $30,000 from the recent all-time high it hit back in November of 2021. During that ...