Circle CEO spells doom scenario for US dollar in warning to Congress
The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle.On July 13, Jeremy Allaire appeared in a two-minute video by Circle, the issuer of USD Coin (USDC), targeted at lawmakers. ...
Circle CEO Jeremy Allaire Says Company Eliminates All Long-Term US Treasury Bonds Ahead of Potential Default
Firm CEO Jeremy Allaire said He said Circle has completely eliminated all long-term U.S. Treasury obligations If Republicans and Democrats in Congress do not agree on the debt ceiling, a technical default will come June 1 Circle has gotten rid of all ...
Circle CEO Blames Politicians for Financial Crisis, Calls for Crypto Regulation
Circle CEO Jeremy Allaire blames politicians for the financial crisis But believes the U.S. still has a chance to maintain its lead Circle CEO Jeremy Allaire gave a new interview to Bloomberg reporters. He stated that investors are more actively seeking to "elimi ...