01:04:39

CryptoCRYPTOVERSE

Circle: Driving Transaction Costs Down to Zero

Featuring Jeremy Allaire and Raoul Pal

Jan 22, 2021 • 64 minutes

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Crypto

CRYPTOVERSE

Circle: Driving Transaction Costs Down to Zero

Jeremy Allaire joins Raoul Pal to discuss stable coins, regulation, and the problems that Circle is working to solve.

Featuring Jeremy Allaire and Raoul Pal

Jan 22, 2021 • 64 minutes

Circle co-founder, chairman, and CEO Jeremy Allaire joins Raoul Pal, Real Vision CEO, to discuss stable coins, regulation, and the problems that Circle is working to solve. Allaire explains that Circle was created to improve the way traditional money, or fiat, was transacted. This vision led the company to helping build out USDC, a fully backed stable coin. Allaire believes that once there is a fiat digital currency model on public networks, this would drive the cost of transacting value close to zero. He also states that regulation of the crypto space implies acceptance from governments and institutions and that this is a good sign for crypto. Filmed on January 14, 2021. Key Learnings: Transacting in the traditional banking system is expensive and slow compared to the new crypto payment and settlement rails. Fiat digital currencies can assist in dramatically reducing the cost of value transactions and can grow the utility of crypto networks dramatically. Consequently, a secure fiat digital currency can encourage governments and institutions adopt crypto networks. Show More

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

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