The Rise of Stablecoins with Circle’s Jeremy Allaire | E2004
This Week in Startups
Jason Calacanis
4.4 • 1.3K Ratings
🗓️ 6 September 2024
⏱️ 68 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to https://www.linkedin.com/twist to post your first job for free. Terms and conditions apply.
Google Cloud. Accelerate your startup journey with the Google for Startups Cloud Program. Get up to $200K in Google Cloud credits – or up to $350K for AI startups – plus training and guidance. Apply at https://startups.google.com/twist
Beehiiv. Power your newsletters with AI tools, referral programs, and ad network features—all in one platform. Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist
*
Todays show:
Circle’s Jeremy Allaire joins Alex Wilhelm to discuss the growth of stablecoins (49:06), stablecoin market infrastructure (22:23), and their impact on global financial systems (56:07), and more!
*
Timestamps:
(0:00) Circle’s Jeremy Allaire joins Alex Wilhelm
(2:08) Jeremy's early career and the evolution of the internet
(5:28) Transition from Macromedia to Circle's founding
(12:10) LinkedIn Jobs - Go to https://www.linkedin.com/twist to post your first job for free.
(13:21) Bitcoin, stablecoins, and Circle's compliance
(20:53) Google Cloud - Get up to $200K in Google Cloud credits – or up to $350K for AI startups – plus training and guidance. Apply at https://startups.google.com/twist
(22:23) The current state and future of stablecoin market infrastructure
(28:07) Integrating stablecoins with traditional finance
(34:12) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist
(35:40) Stablecoins' impact on global financial systems
(41:30) Circle's business model, scalability, and blockchain potential
(49:06) Growth of USDC and other currency stablecoins
(51:10) USDC market cap trends and interest rates
(56:07) Stablecoins in the global financial system and US regulation
*
Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com
Check out the TWIST500: https://www.twist500.com
*
Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
*
Follow Jeremy:
LinkedIn: https://www.linkedin.com/in/jeremyallaire
Check out: https://www.circle.com
*
Follow Alex:
LinkedIn: https://www.linkedin.com/in/alexwilhelm
*
Thank you to our partners:
(12:10) LinkedIn Jobs - Go to https://www.linkedin.com/twist to post your first job for free.
(20:53) Google Cloud - Get up to $200K in Google Cloud credits – or up to $350K for AI startups – plus training and guidance. Apply at https://startups.google.com/twist
(34:12) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist
*
Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
*
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
*
Follow TWiST:
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
Instagram: https://www.instagram.com/thisweekinstartups
TikTok: https://www.tiktok.com/@thisweekinstartups
Substack: https://twistartups.substack.com
*
Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916
Transcript
Click on a timestamp to play from that location
| 0:00.0 | We have a vision for what an internet financial system can look like. |
| 0:04.0 | We have a vision for what open, programmable, composable money can bring to the world |
| 0:09.0 | and the innovation of that and the open internet and not be stifled and that does require |
| 0:18.6 | policymakers and governments to actually create more degrees of freedom for innovation to happen |
| 0:25.1 | as has happened in other major areas of the internet. |
| 0:29.1 | This weekend startups is brought to you by LinkedIn Jobs. A business is only as strong as its people |
| 0:36.0 | and every hire matters. Go to LinkedIn.com slash twist to post your first job for |
| 0:41.6 | free. Terms and conditions apply. |
| 0:44.0 | Google Cloud. Accelerate your startup journey with the Google for Startups Cloud |
| 0:49.0 | program. Get up to 200K in Google Cloud Credits or up to 350K for AI Startups, plus training and guidance. |
| 0:58.0 | Apply at Startups. Google.com slash Twist. |
| 1:02.4 | And Beehive power your newsletters with AI tools |
| 1:07.3 | referral programs and add network features all in one platform get 30 days free and 20% off your first three months at Beehive.com slash twist. |
| 1:19.0 | Welcome back to this week in startups. My name is Alex. I'm Alex over on X or Twitter if you want to |
| 1:24.9 | call it that. Today we have a very special guest, one that I've been looking forward to |
| 1:28.9 | talking to for some time. Now I've been covering crypto since 2013, 2014, somewhere in there. |
| 1:35.2 | Back when Bitcoin was either double or triple digits if you want to know how far back |
| 1:39.6 | that was. And a question that has always come up is what will be the killer use case for |
| 1:44.1 | crypto? Some people said store value, some people really leaned into trading. I think |
| 1:48.8 | that the union of those two things is the real thing that crypto is going to unlock for the world and that is stable coins. |
| 1:55.2 | So today on the podcast we have Jeremy Alaire Back. Jeremy is the co-founder, CEO, and chairman of Circle. |
| 2:01.9 | Jeremy, hey, welcome back to the show. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Jason Calacanis, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Jason Calacanis and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.