Bloomberg

Circle CEO on Why Stablecoins Are Replacing Banks

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Jeremy Allaire, co-founder, chairman, and CEO of Circle, said stablecoins are a superior alternative to traditional banking for moving money, offering faster, cheaper, and more direct transactions with fewer intermediaries, as seen in markets like Turkey. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded January 15 at the Economic Club of Washington, DC.

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