Bloomberg Technology

Cryptocurrency Firm Circle Will Go Public via SPAC

Jul.08 — Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, and Bob Diamond, CEO of special purpose acquisition company Concord Acquisition Corp., dive into Circle’s $4.5 billion valuation, stablecoins, and the next chapter of digital finance. They speak with Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.”

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Jul.08 — Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, and Bob Diamond, CEO of special purpose acquisition company Concord Acquisition Corp., dive into Circle’s $4.5 billion valuation, stablecoins, and the next chapter of digital finance. They speak with Bloomberg’s Sonali Basak and Caroline Hyde on “Bloomberg Technology.”

8 Comments

  1. Abram Neitling

    July 12, 2021 at 12:19 am

    On 5 different block chains eh? Guess I should pack my bags of Algorand, Stellar, ETH, Solana and HBar 😎

    • XRP Freak

      July 12, 2021 at 12:25 am

      Good choices. Also might add XRP. Every country in the world is running a private version of Ripple which are all connected via ILP of Ripple using XRP for settlement.

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    July 12, 2021 at 12:42 am

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  3. mrPmj00

    July 12, 2021 at 2:46 am

    Have you noticed that Wall Street Journal, Yahoo, CNBC, CNN and bloomberg hate tech (even though most of us have 401k plans that have big tech) and push crypto crap,

    NFT ponzi scheme, and meme/gambling stocks like AMC/gamestop/SPAC, promoting China, and scaring investors by promoting inflation?
    For the fools that bought crypto in May 2021, they’ve lost -50% as of July 2021.

    You’re wrong about inflation going up. Most people aren’t buying new cars. However, most people DO buy gas and that’s roughly the same as a year ago, not to

    mention that we work from home and saved soo much money by not spending on gas or maintenance, and tons more on not having to pay for daycare costs.

    Inflation or no Inflation, who cares. Own high quality companies whose products and services have pricing power, that leads them to have stable growing cash flows.

    Price will take care of the rest…

  4. FUNKYFRESH707

    July 12, 2021 at 3:38 am

    USDC XLM XRP

  5. Coin Siaran

    July 12, 2021 at 7:09 am

    FAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAKKKKKK #VICS rise up!

  6. AJ

    July 12, 2021 at 9:45 am

    UST is the real stable coin

  7. Kolypsa

    July 12, 2021 at 10:15 pm

    We already have a Fed-coin. It’s called the US dollar. Lol

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