Jeremy Allaire is Co-Founder, Chairman and CEO of Circle, a global financial technology firm that promotes stablecoins and public blockchains for payments and commerce. Founded in 2013, Circle is the pioneer of USD Coin (USDC). Previously, Allaire co-founded and led multiple global internet technology companies with thousands of employees, hundreds of millions of consumers served, and multiple successful public offerings on NASDAQ. He has provided expert testimony on digital assets and monetary policy before the US Senate Committee on Homeland Security & Government Affairs, US Senate Banking Committee, and he has been named to the International Monetary Fund (IMF) High-Level Advisory Group on FinTech. Allaire provides perspective and policy recommendations at the highest levels inside financial bodies across the US, UK, and Europe. USDC has grown by nearly 500% in 2020, from a market cap of just over $400 million to more than $2.9 billion.
On future of stablecoins: “We’ll look back in the same way that we look back at long-distance calls or the way we look back at snail mail or the way we look back at selling things in catalogues, and we’ll look back at payments and we won’t believe that we ever needed to pay to send money.” (As reported by Cointelegraph)
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