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” Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank “ Circle CEO and co-founder, Jeremy Allaire, confirmed that, as of March 13, the stablecoin issuer has been “able to access” its $3.3 billion of funds held with the collapsed bank, Silicon Valley Bank (SVB). Speaking with Bloomberg Markets on March…
” 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 constraints — according to Circle CEO Jeremy…
“# Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban ” Jeremy Allaire, CEO and co-founder of peer-to-peer payments firm Circle, sent a letter to senior staff of the United States Department of the Treasury on Dec. 9, appealing for regulators to collaborate with the industry in adopting crypto regulations. Allaire warned U.S….
“# Biden team will boost crypto’s role in US infrastructure, says Circle CEO Allaire ” One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle. Jeremy Allaire, CEO of Circle, took to CNBC’s Squawk Box on Monday to argue that the…
“# Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin ” There has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of new crypto services — the ability to both make crypto payments and buy cryptos directly in-app — has…