August 22, 2022· 59 min

How Stablecoins Became a Powerful Force in Crypto

Jeremy Allaire

Orality

Model

50%

Speaker Breakdown

HostJoe Weisenthal(118 words)

M:21%

HostTracy Alloway(1,050 words)

M:29%

GuestJeremy Allaire(6,707 words)

M:93%

Oral Indicators

Agonistic34%

basically, very, extremely

Engagement65%

you, our, your

Memory Aids100%

listen, like, so

Repetition100%

know (100x), like (89x), what (63x)

Parallelism100%

And I'm Tracy Alloway...., So, Tracy, here's the thing th..., But it feels like as the indus...

Sound Patterns60%

62 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases10%

at the end of the day, you know what, i mean

Literate Indicators

Hedging6%

may, maybe, could

Passive Voice11%

is issued, was ten, be regulated

Abstract Nouns25%

investment, community, business

Subordination9%

therefore, because, until

Sentence Length51%

Avg: 17.7 words/sentence

Word Complexity52%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style35%

672 personal pronouns found

Descriptive Style100%

apply, early, actually

Description

In theory, what gets people most excited about crypto is lines going straight up. But one of the biggest successes in crypto is the rise of stablecoins. Basically, stablecoins allow people to hold dollar-linked assets directly on the blockchain. This is potentially important for P2P payments, trading, cross-exchange arbitrage and more. But by holding actual money, the big stablecoin issuers potentially have a massive amount of power in a space that's supposed to be all about decentralization. On this episode, we speak with Jeremy Allaire, the CEO of Circle, which issues the USDC stablecoin. We talked about regulation, the business model of stablecoins, and the influence he has within the broader ecosystem. See omnystudio.com/listener for privacy information.

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