Jeremy Allaire @jerallaire Twitter profile

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Jeremy Allaire

@jerallaire

9 months

What's up with Dollar Stablecoins? What's all the fuss?

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Last Seen Profiles

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Jeremy Allaire

@jerallaire

3 years

1/ Breaking major news from US Treasury OCC, the largest US banking regulator ( @USOCC ), with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system.

Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and...

The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks' and federal savings associations' authority to participate in independent node verification...

www.occ.gov

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Jeremy Allaire

@jerallaire

1 year

Update thread on USDC We were heartened to see the US government and financial regulators take crucial steps to mitigate risks extending from the fractional banking system. 100% of deposits from SVB are secure and will be available at banking open tomorrow.

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Jeremy Allaire

@jerallaire

1 year

Sharing an Update on USDC and Silicon Valley Bank.

The Official Blog of Circle and USDC

The Circle Blog is your source for the latest product features, company announcements, and insights from Circle and USDC. Read and subscribe for more info!

www.circle.com

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Jeremy Allaire

@jerallaire

2 years

White House Exec Order and U.S. Government Strategy for Digital Assets -- a thread with thoughts; TLDR = this is a watershed moment for crypto, digital assets, and Web 3, akin to the 1996/1997 whole of government wakeup to the commercial internet. (1/7)

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Jeremy Allaire

@jerallaire

3 years

BREAKING NEWS: US @federalreserve and @USTreasury announce that US Government will adopt USDC as new Dollar Digital Currency standard, accelerating US role in global digital currency.

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Jeremy Allaire

@jerallaire

4 years

Bought $100 in BTC on @PayPal ! Great milestone for the market!

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Jeremy Allaire

@jerallaire

3 years

1/6 Major USDC news today - @Visa has become the first major payments network to support USDC as a native currency and settlement system on its network. This is massive news, and marks a major turning point in mainstream adoption of crypto.

Visa Becomes First Major Payments Network to Settle Transactions in USD Coin (USDC)

Visa (NYSE: V) today announced a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a

www.businesswire.com

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Jeremy Allaire

@jerallaire

2 years

1/ CIRCLE LAUNCHES EURO COIN: Today, we announced our 2nd major fiat-backed stablecoin, Euro Coin, which went live on Ethereum mainnet, and will be available to mint and redeem on June 30th.

EURC | A Euro-Backed Stablecoin

EURC is a euro-backed stablecoin issued by Circle and available on Avalanche, Ethereum, Solana, and Stellar. EURC is always redeemable 1:1 for euro. Learn more.

www.circle.com

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Jeremy Allaire

@jerallaire

3 years

2/ This is a huge win for crypto and stablecoins - $USDC

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Jeremy Allaire

@jerallaire

3 years

1/5 A message to US and Western Policymakers on how to think about China's approach to crypto and blockchain. China opposes the Western system of values built on openness, transparency, privacy, free market competition and so forth.

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Jeremy Allaire

@jerallaire

3 years

3/ The new interpretive letter establishes that banks can treat public chains as infrastructure similar to SWIFT, ACH and FedWire, and stablecoins like USDC as electronic stored value. The significance of this can’t be understated.

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Jeremy Allaire

@jerallaire

3 years

10/ This is a HUGE way to start 2021, the year that crypto and stablecoins go mass market!

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Jeremy Allaire

@jerallaire

1 year

Simple question. Where/what are the other massive offshore, unregulated, opaque, unaudited (by major public accounting firms) firms and pools of assets in crypto? If we're going to rip the bandaid off, let's do it.

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Jeremy Allaire

@jerallaire

1 year

1/ Some initial reflections on the FTX and Binance situation, and what impact we think this has on Circle, USDC and crypto more generally. These are fresh thoughts and will evolve. First, seeing a major industry peer and their loyal customer base impacted like this is god awful.

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Jeremy Allaire

@jerallaire

1 year

Circle’s USDC operations will open for business on Monday morning, including with new automated settlement via our new partnership with Cross River Bank.

$3.3 Billion of USDC Reserve Risk Removed, Dollar De-peg Closes

As a regulated payment token, USDC remains redeemable 1:1 with the U.S. Dollar.

www.circle.com

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Jeremy Allaire

@jerallaire

2 years

1/ As part of our commitment to increasing transparency and disclosure around USDC, today we're publishing our first monthly breakdown of the USDC reserve assets, by each and every Treasury Bond and list of cash reserve custodians.

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Jeremy Allaire

@jerallaire

3 years

4/ Decentralized, permissionless, open source and internet mediated software is literally becoming the foundation for not just the US financial system but for the global economy.

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Jeremy Allaire

@jerallaire

3 years

New ETH ATH, entire DeFi landscape set to see explosive growth.

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Jeremy Allaire

@jerallaire

3 years

5/ We are on a path towards all major economic activity being executed on-chain. It is tremendous to see such forward thinking support from the largest regulator of national banks in the United States.

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Jeremy Allaire

@jerallaire

2 years

Decentralized Uber built on @solana with USDC payments and driver payouts.

Teleport Creators Raise $9M to Build Decentralized Uber Rival on Solana - Decrypt

DEC’s TRIP protocol can power an array of blockchain-powered ridesharing apps, starting with the firm’s own Teleport.

decrypt.co

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Jeremy Allaire

@jerallaire

3 years

Breakthrough use-case for $USDC -- with US Govt permission, we partnered with the exiled govt of Venezuela ( @jgauido ) and Airtm @theairtm to distribute aid to people and healthcare workers in Venezuela. Stablecoins now a tool of US foreign policy --

Circle Partners with Venezuela to Send Financial Aid with USDC

Through a collaboration with the Bolivarian Republic of Venezuela and Airtm, Circle launched an aid disbursement pipeline leveraging USD Coin.

www.circle.com

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Jeremy Allaire

@jerallaire

1 month

Welcome to the dollar stablecoin party, @Ripple . It is encouraging to see more companies taking a compliance-first approach to building onchain dollars. Congrats on taking the plunge!

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents," according to the company.

www.coindesk.com

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Jeremy Allaire

@jerallaire

5 months

USDC is coming to Japan - Circle and SBI Holdings begin partnership combining USDC distribution, banking and Web3 tech proliferation for the Japan market. Official announcement here, my take on this below: Why is this such a big deal? In June of this…

SBI Holdings & Circle Promote Digital Currency Innovation in Japan

This partnership aims to circulate USDC stablecoins, establish a banking relationship and promote the use of Circle’s Web3 Services in Japan. Learn more.

www.circle.com

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Jeremy Allaire

@jerallaire

7 months

Is this the fastest on chain digital dollar in the world ?

Chris

@oyacaro

7 months

. @Solana 1.16 is here and it's INCREDIBLY FAST

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Jeremy Allaire

@jerallaire

1 year

PSA: USDC on Solana is operating flawlessly, no issues with issuance and redemption, and is completely unaffected by what’s happening on FTX.

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Jeremy Allaire

@jerallaire

3 years

6/ This paves the way for the use of leading dollar digital currencies such as USDC as a mainstream payment medium for all forms of payments and settlement, and helps put the US in a leadership position in embracing the power of public blockchains.

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Jeremy Allaire

@jerallaire

2 years

It’s been rough. USDC price has flatlined for like almost 4 years.

Frank Chaparro

@fintechfrank

2 years

In which Citigroup researchers note that USDC and Tether—stablecoins pegged to $1–have underperformed and “struggled” against US equities Bruh lmao

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Jeremy Allaire

@jerallaire

6 months

I am super impressed with @JupiterExchange on @solana . Truly excellent UX and features. An example of maturation in a range of infrastructure -- wallets, usdc on solana liquidity and availability, and product execution.

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Jeremy Allaire

@jerallaire

3 years

1/20 Here's a deep dive on what's really going on, including the behind the scenes, with the Treasury FinCen proposed rule on "unhosted wallets" and new record-keeping and reporting rules. Hang on to your hat.

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Jeremy Allaire

@jerallaire

3 years

We had been seeing $1B in net new USDC in circulation every week, but we just did $1B new issuance in a day! USDC now @ 18 billion in circulation.

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Jeremy Allaire

@jerallaire

9 months

USDC Liquidity. Over the past month, we've issued $5B USDC, and have redeemed $6.6B USDC. USDC banking is public and transparent, with 24/7/365 mint/burn, and wire settlement with nearly 90 countries. USDC reserves are attested by Deloitte every month, and all of our T-bill…

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Jeremy Allaire

@jerallaire

3 years

9/ It also sets the stage for more regulated financial institutions to run blockchain nodes, and even become validators.

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Jeremy Allaire

@jerallaire

2 years

For those of us in the crypto community, IMHO this E.O. should be viewed as the single biggest opportunity to engage with policy makers on the issues that matters. The proverbial doors of policymakers are WIDE OPEN, this is now a NATIONAL conversation in the U.S. (7/7)

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Jeremy Allaire

@jerallaire

3 years

1/7 Today, we announced that we have signed definitive agreements for a transaction that will result in Circle becoming a publicly listed company on the NYSE trading under the ticker CRCL.

Circle To Become a Public Company

We've entered into a definitive agreement that will result in Circle becoming a publicly traded company on the New York Stock Exchange (NYSE). Learn more!

www.circle.com

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Jeremy Allaire

@jerallaire

3 years

1/ A long thread on the rapid growth of USDC on Solana, and why it matters in the future of payments, banking and capital markets. First, in just a week, USDC on Solana jumped from 1B to 2B in circulation. Wow!

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Jeremy Allaire

@jerallaire

3 years

5 Billion USDC in circulation

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Jeremy Allaire

@jerallaire

2 years

Chairman Powell today - Dollar Stables and future CBDCs will co exist. We agree. But let’s get behind the digital dollars that are here and competing to be currencies of the internet…today…not years from now.

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Jeremy Allaire

@jerallaire

2 years

Using an ATM in Europe to get EURO, crushed by a nearly 20% FX+fees. God we need mass market stablecoin wallets and crypto FX markets. $USDC / $EUROC

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Jeremy Allaire

@jerallaire

3 years

Killer experience today — received P2P USDC transaction with @blockfolio using @solana USDC and then instantly spent the USDC using @FTX_Official @Visa card. Instant, basically free. Open and interoperable. This is how money should be! @circlepay

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Jeremy Allaire

@jerallaire

3 years

7/ Beyond payments and settlement, and unlike legacy settlement mediums, public chains combine transactions and compute, enabling a radically new modes of financial and commerce apps to be built.

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Jeremy Allaire

@jerallaire

1 year

15/ Finally, as someone who's been involved in this industry for 10 years, it is disappointing that a technology that was spawned in reaction to the Lehman Bros moment of 2008 has given rise to its own version of the same. We can do better.

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Jeremy Allaire

@jerallaire

2 years

USDC for Avalanche. Native. Available today.

Avalanche Adds USDC Stablecoin in Continued DeFi Push

The speedy Ethereum rival hopes native USDC will be a boon to users.

www.coindesk.com

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Jeremy Allaire

@jerallaire

3 years

Mastercard adopts #USDC and taps @circlepay for new initiative to settle transactions between card issuers and Mastercard itself. Expanding inter-operability between existing payment networks and USDC is happening.

Mastercard Taps Circle for USDC Settlement Pilot

Mastercard will engage Circle and to pilot a new USDC settlement system to enable more streamlined crypto-to-fiat conversions. Learn more today!

www.circle.com

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Jeremy Allaire

@jerallaire

1 year

1/ Today we announced that we have formally registered to be regulated in France as the headquarters for our European expansion, under French digital assets and e-money laws, with plans for EU-wide operations under MiCA.

Circle Applies for Regulatory Approvals in France

Circle seeks recognition from a sophisticated regime in the EU with applications for key authorizations from French financial regulators. Learn more.

www.circle.com

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Jeremy Allaire

@jerallaire

3 years

This new $ETH ATH is so ridiculously long overdue. Look forward to seeing the breakout!

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Jeremy Allaire

@jerallaire

9 months

BREAKING coverage from @Bloomberg on @circle . "Circle had $779 million in revenue in the first half of the year, already surpassing the $772 million for all of 2022. The private firm generated $219 million in adjusted earnings before interest, taxes, depreciation, and…

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Jeremy Allaire

@jerallaire

1 year

gm 1/ Lots of FUD accruing out there, so another thread to help dispel the noise.

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Jeremy Allaire

@jerallaire

3 years

5/5 There are two modes of reacting to China in US. FOMO, envy and a belief that we should be more like them, given their ability to execute; vs a stoic / determined outlook that believes in the open internet. Be on the right side of history; embrace the open internet of value.

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Jeremy Allaire

@jerallaire

5 years

Hi Justin, I would be honored to join you and @WarrenBuffett next week to discuss crypto!! Count me in. Crypto is now a major global policy issue and there is a great deal for Mr Buffet to understand and for us to learn from him as well.

H.E. Justin Sun 孙宇晨

@justinsuntron

5 years

I'd like to invite my good friend @jerallaire , Co-founder & CEO of Circle, to join my lunch with @WarrenBuffett . 7 days to go and more friends to be announced!

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Jeremy Allaire

@jerallaire

1 year

Tl;Dr: While USDC can be used 24/7/365 on chain, issuance and redemption is constrained by the working hours of the U.S. banking system. USDC liquidity operations will resume as normal when banks open on Monday morning in the United States. As a practical matter, our teams are…

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Jeremy Allaire

@jerallaire

9 months

1/ Some major news from @circle and @coinbase on the future of $USDC in this joint blog post from @brian_armstrong and I ( @jerallaire ).

Ushering in the next chapter for USDC

USDC will be launching on 6 new blockchains between September and October, bringing multi-chain access of USDC up to 15 chains.

www.circle.com

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Jeremy Allaire

@jerallaire

2 years

1/6 Just wrapped up 5+ hours of testimony with Congress. A few quick reflections. First, huge thanks to @RepMaxineWaters and @PatrickMcHenry and the @FSCDems for a highly engaged, full member participation hearing! Huge accomplishment.

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Jeremy Allaire

@jerallaire

1 year

100% of USDC reserves are also safe and secure, and we will complete our transfer for remaining SVB cash to BNY Mellon. As previously shared, liquidity operations for USDC will resume at banking open tomorrow morning.

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Jeremy Allaire

@jerallaire

3 years

Unbeknownst to most policy makers, crypto is building the foundation for our global economy for the next 100 years…THAT is critical infrastructure.

Jeff Stein

@JStein_WaPo

3 years

It is really remarkable that of all the provisions in a $1 trillion infrastructure bill — crucial to the nation’s water systems; electric grid; trains; highways/bridges/ports etc — the issue generating the most heat at the goal line is … cryptocurrencies

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Jeremy Allaire

@jerallaire

2 years

1/ Yesterday, US Treasury designated for sanctions ETH addresses associated with Tornado Cash. As a US regulated FI subject to Bank Secrecy Act (BSA) requirements, Circle, together with our partner @coinbase , restricted the movement of USDC funds in these sanctioned addresses.

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Jeremy Allaire

@jerallaire

2 years

1/ MAJOR NEWS today for mainstream adoption of USDC, with @stripe announcing crypto payouts with USDC, launching with @twitter as the first pilot customer. It’s rewarding to see some of the most important internet companies in the world using Circle.

Expanding global payouts with crypto

Stripe is expanding global payouts with crypto. Businesses can now use Stripe to send cryptocurrency payouts around the world, and Twitter has chosen Stripe to enable their creators to be paid out in...

stripe.com

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Jeremy Allaire

@jerallaire

2 years

Already here. USDC w SolanaPay enabling this SF coffee house to accept payments with instant settlement, and fraction of a cent tx cost. Industry has got this.

George Selgin

@GeorgeSelgin

2 years

The Hamilton Project's proposal for a CBDC processing system offers, as an example of a CBDC's "primary use case," a user "pay[ing] for coffee...by sending digital currency to the cafe owner." I sure hope the system works: having to carry wampum around is getting to be a drag.

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Jeremy Allaire

@jerallaire

6 months

I can get behind building an internet financial system on this kind of network performance!

Solana 🧭 Compass 🔥💃

@SolanaCompass

6 months

Wtf. 1 million tps per core at the network level

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Jeremy Allaire

@jerallaire

8 months

1/ The largest fintech in LATAM, @mercadopago , part of Mercado Libre, the Amazon of LATAM with 200M users, is rolling out support for USDC in key markets, starting with Chile. Momentum for USDC and digital dollars building around the world!

Circle Teams Up with Mercado Pago to Introduce USDC to Chile Customers

Circle and Mercado Pago aim to foster efficiency and accessibility to USDC in Chile.

www.circle.com

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Jeremy Allaire

@jerallaire

9 months

Bald is back

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Jeremy Allaire

@jerallaire

6 months

New @Solana Product Launch from Circle -- coming soon, EURC, our Euro Stable, and Cross-Chain Transfer Protocol (CCTP) for Solana. CCTP on @solana will be a big deal -- seamless movement of USDC to/from Solana from Ethereum and EVM L2s + Cosmos + AVAX.

Euro Coin & Cross-Chain Transfer Protocol Coming to Solana in 2023

Circle is committed to expanding native support of EUROC on more chains and developer access to permissionless cross-chain infrastructure. Learn more.

www.circle.com

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Jeremy Allaire

@jerallaire

2 years

Official post on $AVAX $USDC. We've been so impressed with the rapid growth in the Avalanche DeFi ecosystem, excited to contribute to the growth!

USDC on Avalanche: Our Blockchain Partnership | Circle Blog

USDC on Avalanche is now available, bringing native USDC liquidity to another fast, powerful blockchain.

www.circle.com

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Jeremy Allaire

@jerallaire

5 months

90% of stablecoin transaction volume on Solana is USDC. Let’s go!

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Jeremy Allaire

@jerallaire

1 year

Additionally, we will be bringing on a new transaction banking partner with automated minting and redemption potentially as soon as tomorrow. We are committed to building robust and automated USDC settlement and reserve operations with the highest quality and transparency.

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Jeremy Allaire

@jerallaire

2 years

USDC now the 5th largest crypto currency.

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Jeremy Allaire

@jerallaire

5 months

. @Circle launches major new partnerships with @nubank , dramatically expanding USDC access in Brazil through one of the largest digital banks in the world with 85 million retail customers in Brazil alone. TLDR Below: Demand for digital dollars is growing…

Circle and Nubank Partner to Increase Digital Dollar Access in Brazil

Circle, Nubank partner to extend USDC access in Brazil

www.circle.com

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Jeremy Allaire

@jerallaire

3 years

1/8 The STABLE Act would represent a huge step backwards for digital currency innovation in the United States, limiting the accelerating progress of both the blockchain and fintech industry.

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Jeremy Allaire

@jerallaire

2 years

The U.S. seems to be taking on the reality that digital assets represent one of the most significant technologies and infrastructures for the 21st century; it's rewarding to see this from the WH after so many of us have been making the case for 9+ years. (2/7)

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Jeremy Allaire

@jerallaire

8 months

Another big move. @visa expands adoption of $USDC into merchant settlement network, enabling acquirers to receive and settle natively in USDC. This is a big deal.

Cuy Sheffield

@cuysheffield

8 months

1/ We are excited to announce that Visa has expanded our stablecoin settlement capabilities to merchant acquirers launching pilots with @Worldpay_Global and @Nuvei utilizing the Solana blockchain

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Jeremy Allaire

@jerallaire

3 years

USDC growth continues to rip, having grown 30% from 4B to 5.2B in just 19 days, growing at a faster rate than any dollar stablecoin in the world. Legit internet dollar market infrastructure is here!

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Jeremy Allaire

@jerallaire

3 years

Huge shoutout to @solana team, now with $1B+ USDC in circulation.

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Jeremy Allaire

@jerallaire

1 year

Indeed, the Payment Stablecoin Act, which remains a very active pursuit for Congress, would enshrine in law a regime where stabelcoin funds would be held with cash at the Fed and short-term T-Bills. We need this law now more than ever if we want a truly safe financial system.

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Jeremy Allaire

@jerallaire

1 year

Circle's Cross-Chain Transfer Protocol (CCTP) is getting closer to launch. Such an important piece of infrastructure that can help foster more scalable, efficient, secure and user friendly apps built on USDC.

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Jeremy Allaire

@jerallaire

2 years

1/ With so many firms facing fundamental challenges and risks, Circle has amped up our own information about Circle and USDC. Sharing it here so it's fresh for people to review. We started publishing these in the days following the Terra collapse.

How to Be Stable

Since inception, Circle has intended for USDC to be the most transparent and trusted dollar digital currency. Learn more about USDC transparency and trust.

www.circle.com

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Jeremy Allaire

@jerallaire

1 year

A much longer thread will be coming with some reflections on all of the past weeks events. We've long advocated for full-reserve digital currency banking that insulates our base layer of internet money and payment systems from fractional reserve banking risk.

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Jeremy Allaire

@jerallaire

6 years

. @circlepay makes wall st history — we sold a BTC future for physical BTC delivery over the CME.

Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First

Bitcoin took a step toward becoming a mainstream financial asset today, as two institutional investors completed the first-ever bitcoin futures EFP trade.

www.ccn.com

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Jeremy Allaire

@jerallaire

11 months

1/ This morning, @circle announced that Heath Tarbert is joining us as Chief Legal Officer and Head of Corporate Affairs. Heath joins Circle from @citsecurities (Citadel Securities), was former @CFTC Chair, and worked in @USTreasury , the @WhiteHouse , the DOJ and @USSupremeCourt

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Jeremy Allaire

@jerallaire

2 years

Instant merchant focused payment experience with USDC on Solana, with Solana Pay, an open toolkit for any to enable USDC payments that settle in less than a second with a transaction cost of less than a cent. @phantom @FTX_Official apps launch support.

Unlocking Digital Currency Payments for Merchants Worldwide

Solana Pay will unlock digital currency payments for merchants all over the world, leveraging the power of fast blockchains and USDC. Learn more.

www.circle.com

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Jeremy Allaire

@jerallaire

1 year

@cmsholdings @paoloardoino USDC on Solana is natively issued by Circle and is functioning fine. Not clear what the motivations are for exchange actions, which are disappointing.

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Jeremy Allaire

@jerallaire

5 years

Possibly the largest bull signal for BTC ever. Crypto now a Presidential / Global policy issue. People everywhere will embrace a mix of sovereign and non-sovereign digital currency.

Donald J. Trump

@realDonaldTrump

5 years

I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

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Jeremy Allaire

@jerallaire

3 years

3/5 Crypto and blockchain is an absolute threat to systems that are built around total control, centralisation of power, elimination of privacy, etc. which side of this do we want to be on?

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Jeremy Allaire

@jerallaire

2 years

1/ NEWS: Circle today announced a new $400M funding round and new strategic partnership with BlackRock focused on USDC. This is a huge milestone on the road towards mainstream adoption of digital currency. More below (link and thread).

Circle Announces $400M Funding Round

The new funding promotes our continued strategic growth as demand for dollar digital currency and related financial services scales globally. Learn more!

www.circle.com

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Jeremy Allaire

@jerallaire

5 months

Very big launch coming this week - Cross-Chain Transfer Protocol (CCTP) is going live on Noble, the asset-issuance chain on Cosmos. This will then be natively wired into DyDx on their app-chain on Cosmos. Why is this a big deal? 1) DyDX is one of the largest DeFi protocols in…

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Jeremy Allaire

@jerallaire

3 years

New proposed FinCEN rule breaks DeFi -- how can a person provide the name and address of a counterparty when the counterparty is a DeFi protocol? This rule is broken.

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Jeremy Allaire

@jerallaire

3 years

1/2 MoneyGram to launch cash in and cash out links to USDC via partnerships with Stellar and Circle.

USDC Remittances — Moving the Flywheel of the Global Economy

MoneyGram and Stellar have joined forces to bring USDC denominated cross-border payments to millions of customers around the world.

www.circle.com

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Jeremy Allaire

@jerallaire

3 years

10 BILLION -

USDC Market Cap Tops $10 Billion

The USDC market cap has sailed past $10 billion as business and crypto leaders adopt the leading digital dollars with help from Circle. Learn more!

www.circle.com

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878

Jeremy Allaire

@jerallaire

3 years

34 Billion USDC

61

47

867

Jeremy Allaire

@jerallaire

7 months

Last night had an opportunity up celebrate the next phase of our $USDC partnership with @brian_armstrong and the @coinbase and @circle teams. Grateful for the partnership and the next chapter!

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904

Jeremy Allaire

@jerallaire

2 years

Very big week in DC for Circle. Crypto and digital currency policy is in full game-on mode. Let’s see what this country can do!

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Jeremy Allaire

@jerallaire

11 months

This is a big deal. Stellar has unlocked wallets and on and off ramps on a massive scale internationally. This provides a superb, fast and inexpensive way to move USDC globally and easily on and off ramp using cash. Congrats @coinbase and @StellarOrg !

Stellar

@StellarOrg

11 months

$USDC on Stellar is now officially supported by @Coinbase ! Coinbase’s millions of users can now benefit from near-instant speeds on USDC deposits and withdrawals via Stellar, and more easily access the network of real world utility. [1/2]

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482

2K

53

188

839

Jeremy Allaire

@jerallaire

5 months

Really encouraging to see such a strong ecosystem growing for USDC on Solana. ~850B annual run-rate in Tx volume.

DEGEN NEWS 🗞️

@DegenerateNews

5 months

NEW: @solana MONTHLY $USDC TRANSFER VOLUME SURPASSES $70 BILLION H/T: @ergon50

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341

53

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Jeremy Allaire

@jerallaire

9 months

I'd also like to congratulate @PayPal and @Paxos for the launch of $PYUSD. It's incredibly exciting to see such a significant internet and payments company entering the stablecoin space. This is what happens when we start to get regulatory clarity, and with the Payment…

50

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864

Jeremy Allaire

@jerallaire

1 year

What do we expect with SVB and the FDIC? We have reason to believe that under applicable FDIC policy, transfers initiated prior to a bank entering receivership would have otherwise been processed normally. In other words, the FDIC should allow transactions to settle in the…

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845

Jeremy Allaire

@jerallaire

2 years

We are at a turning point in geopolitical and geo-economic systems and history, and the U.S. now has the opportunity to lean into an open, internet-native economic infrastructure while others focus on closed, tightly-controlled and privacy-eroding alternatives. (4/7)

5

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859

Jeremy Allaire

@jerallaire

3 months

It works, it works, it works.

toly 🇺🇸| bip-420

@aeyakovenko

3 months

We did 20m+ in sales with @Shopify @solana usdc, paid $0 fees. The credit card sales cost us over $600k in fees on about the same volume. That’s 3 full time engineers. 🤯🤯🤯

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2K

33

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877

Jeremy Allaire

@jerallaire

2 years

Specifically, the EO calls for nearly every relevant Federal agency to take on understanding and developing policy positions that understand and address risks, but vitally, that support innovation and U.S. national economic competitiveness. (3/7)

2

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861

Jeremy Allaire

@jerallaire

10 months

What does a cup of coffee have to do with the future of the global economic system? As the US Congress prepares for its first vote on Stablecoin laws, US political leaders have a choice to make about the US and Dollar competitiveness. A video for political leaders below. $USDC

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Jeremy Allaire

@jerallaire

2 years

1/4 The bank lobby is going to fight hard to argue that tokenized cash (e.g. 'payment stablecoins') pose a financial stability risk. Compared to banks w/ Basel III rules, stables like USDC are far safer than bank deposits. @circlepay Chief Economist @gordonliao lays it out.

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Jeremy Allaire

@jerallaire

1 year

With the closure of Signature bank announced tonight, we will not be able to process minting and redemption through SigNet, we will be relying on settlements through BNY Mellon.

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