The Visionary
The future, and what is barely possible, reads round the next corner.
Jeremy Allaire reads as The Visionary because his leadership begins with a picture of the future and works backwards to what must be built. As Circle co-founder and chief executive, he carries the conviction of someone who sees an industry's destination before its incumbents do, a quality evident in his appearance on The David Rubenstein Show.
“I think China does not have a specific regulatory position on stablecoins. So that is still, they're not, to my knowledge, working on specific new rules for stablecoin issuers in China. However, I wouldn't be surprised to see that happen.”
“Can have privacy preservation and proof of identity, and we can even have ways that financial institutions can exchange proofs without having to create these huge honey pots as well. So that will require that, say, the U.S.”
“Or a developer building an app, but just say we'll call it a user to actually teleport USDC from one chain to another without a bridge, without locking these, without any incremental fees. So you're not paying for like a liquidity provider to make that transfer. And we're able to do that because we are the canonical mint of USDC.”
“Into a financial regulatory lens that is not a good position. I don't think it's accurate. And so I think it really just requires more and more understanding.”
The David Rubenstein Show: “Jeremy Allaire”
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