Circle CEO Jeremy Allaire seet Company wëlles Voll Reserve Digital Währungsbank ze ginn

De Chef exekutiv vun USDC issuer Circle says that the company is committed to a path where they are regulated like a bank.

An enger neier Interview with CNBC, Jeremy Allaire tells host Kate Rooney that Circle intends to become a crypto bank that would keep the full amount of each customer’s deposit on hand ready for withdrawals.

"Mir wëllen eng voll Reserve digital Währungsbank sinn. Mir hätte gären e Kader fir dat ze existéieren. Mir wëllen déi Lizenz ufroen, wann esou eng Lizenz verfügbar wier... Mir mengen, d'Welt brauch e komplette Reservebankesystem. Mir mengen datt d'Welt vill méi sécher Basisschichtgeld brauch an dat ass wat Stablecoins representéieren. An also wann dat eppes gëtt wat seet datt d'Federal Reserve iwwerwaacht gëtt, a mir waren eng Aart charteréiert an op déi Manéier operéiert an hunn de Betrag vun der Iwwerwaachung déi domat gehéiert, dat ass absolut eppes wat mir maachen.

A full reserve banking system is an alternative to fractional reserve banking, which is the more common system where banks only keep a portion of depositor funds on hand.

Allaire’s revelation of Circle’s long-term plan comes as the CEO says he’s witnessing demand for digital dollars around the globe soar.

“We’re absolutely seeing demand all around the world and this was actually something that started right around when the pandemic hit, which is also when USDC started to see a lot of growth, like really dramatic growth, and so the demand for digital dollars is highly global.

I met this morning with a company that is growing really fast, and they’re in Latin America. They were founded in Argentina. They have built products that help companies to move money within Latin America, within their own operations, and internationally and USDC is a core part of that, and that’s profound…

We have other companies that are in markets like Mexico where they’re doing over a billions dollars in remittance transactions using USDC between the US and Mexico faster [and] cheaper in an environment which has been predatory historically…

We see demand in Africa, in Asia, in a lot of parts of the world.”

I

Verpasst kee Beat - abonnéieren fir Krypto E-Mail Alarmer direkt an Är Inbox geliwwert ze kréien

kontrolléieren Präis Action

Follegt eis op Twitter, Facebook an Hëllefe profitéieren

Surfen Den Daily Hodl Mix

Préift Neiegkeeten Headlines

 

Disclaimer: Meenungen ausgedréckt am The Daily Hodl sinn net Investitiounsberodung. D'Investisseure sollten hir Due Diligence maachen ier se héich riskéiert Investitiounen an Bitcoin, cryptocurrency oder digital Verméige maachen. Gitt u Berodung datt Är Transferen an Trades op Ären eegene Risiko sinn, an all Verloscht déi Dir leet, ass Är Verantwortung. Den Daily Hodl empfeelt net de Kaf oder de Verkaf vu Krypto-Währungen oder digital Verméigen, an och ass den Daily Hodl keen Investitiounsberoder. W.e.g. notéiert datt den Daily Hodl am Partnermarketing matmaacht.

Ausgezeechent Bild: Shutterstock / Natalia Siiatovskai / Tithi Luadthong