‘Totally absurd’: Circle CEO rejects bank run fears over stablecoin yields
Circle CEO Jeremy Allaire rejects claims that stablecoin yields could trigger bank runs, comparing them to money market funds and highlighting broader financial shifts.
Circle CEO Jeremy Allaire rejects claims that stablecoin yields could trigger bank runs, comparing them to money market funds and highlighting broader financial shifts.
Senate Agriculture Committee schedules January 27 markup for crypto market structure bill without Democratic backing, while Banking Committee postpones CLARITY Act until late February amid industry splits over stablecoin yield restrictions and ethics concerns.
USDT demand stalls in January 2026, signaling potential capital outflows from the market. Compare stablecoin trends with Bitcoin price movements and historical periods to gain insights into possible market scenarios.
Circle, a stablecoin issuer, has awarded a grant to the UN to modernize its payment systems, streamlining humanitarian aid payments and showcasing blockchain’s potential for global good.
Saga’s stablecoin depegs to $0.75 after a $7M exploit, forcing a chainlet pause and causing a 55% TVL drop. Learn the risks and implications.