July 31, 2025· 49 min

Circle's CEO on the Booming Business of Stablecoins

Orality
Model
50%

Speaker Breakdown

HostTracy Alloway(1,763 words)
M:28%
HostJoe Weisenthal(1,001 words)
M:29%
GuestJeremy Allaire(6,380 words)
M:27%

Oral Indicators

Agonistic33%
literally, completely, amazing
Engagement70%
you, our, your
Memory Aids100%
listen, now, like
Repetition100%
like (115x), know (62x), think (61x)
Parallelism94%
And I'm Tracy Alloway...., And three, as the child of the..., And so you would expect some o...
Sound Patterns50%
53 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
i mean, so to speak

Literate Indicators

Hedging6%
may, probably, might
Passive Voice8%
is measured, be treated, be expanded
Abstract Nouns22%
investment, recommendation, community
Subordination8%
because, since, though
Sentence Length39%
Avg: 14.7 words/sentence
Word Complexity50%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style30%
734 personal pronouns found
Descriptive Style99%
literally, completely, apply

Description

Stablecoins are emerging as one of the most active areas of cryptocurrencies. The idea of using blockchain rails to transmit money has captured the attention of legacy financial institutions as well as policymakers, as evidenced by the recent passage of the GENIUS Act, which builds out a regulatory framework for that business. But what are the opportunities. And how do stablecoin providers actually make money? On this episode, we speak with Jeremy Allaire, the co-founder and CEO of Circle, which is the company that backs USDC, the second biggest stablecoin on the market. We discuss the company's business model, concerns about financial stability, and the prospects for stablecoins to open up entirely new avenues of payments and commerce. Read more: Trump Crypto Group Offers Proposals to Boost Digital Finance FIS Partners With Circle to Offer Bank Stablecoin Payments Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.