Podcast

$3 Trillion in Stablecoins by 2030 | Jeremy Allaire, USDC Founder

The Future of Stablecoins

Apr 25, 2024 • 1 min read

Joining the podcast today we have the man behind the largest US based stablecoin, Jeremy Allaire, the Founder of USDC Circle.

A year ago USDC depegged in the face of major banks like SVB and Silvergate collapsing. How did Jeremy deal with that? What year is crypto in internet years? Why don’t we have a venmo for crypto yet? Fast forward to 2030, what’s the total value of stablecoins?

Stay tuned because we ask all that and much more.

TIMESTAMPS

0:00 Intro

2:56 SVB Crisis Reflections

21:09 Crypto Age in Internet Terms

28:24 The Future of Stablecoins

38:42 The Crypto Venmo

49:53 Blackrock’s BUIDL Fund

55:19 US Government

1:10:10 USDC vs Tether

1:15:35 Central Bank Stablecoins

1:21:49 Regulatory Protectionism

1:26:00 Closing Thoughts

RESOURCES

Jeremy Allaire

https://twitter.com/jerallaire

USDXX - What backs a USDC?

https://www.blackrock.com/cash/en-us/products/329365/circle-reserve-fund

Circle

https://www.circle.com/en/

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.

Account Light mode Log Out