
Circle CEO Says Stablecoin Issuer Seeks to Save Crypto from Banks
Circle CEO Jeremy Allaire to save crypto following the collapse of some major mainstream banks, including Silicon Valley Bank.
Jeremy Allaire is the Founder, Chairman of the Board of Directors and Chief Executive Officer at Circle.
Jeremy Allaire is the Founder, Chairman of the Board of Directors and Chief Executive Officer at Circle since August 2013.
Jeremy is also Founder and Chairman of the Board of Directors (since 2013) at Brightcove Inc. since September 2004. Jeremy founded Brightcove in early 2004 with a vision for the transformation of television with the Internet. Jeremy brought Brightcove public on NASDAQ in February of 2012, and after promoting his President and Chief Operating Officer to the Chief Executive Officer role, became Chairman of the Board of Directors in January of 2013.
Prior to founding Brightcove, Jeremy worked as a Technologist and Entrepreneur-in-Residence for Cambridge, MA-based venture capital firm General Catalyst, where he worked on companies and investments in broadband media, mobile content, e-commerce software and digital identity.
Before General Catalyst, Jeremy was Chief Technology Officer of Macromedia, where he helped define and launch the Macromedia MX platform for Rich Internet Applications, helping to evolve Macromedia Flash into a dominant platform for rich media applications on the Internet.
Jeremy joined Macromedia with its merger with Allaire Corporation, where Jeremy was a Co-Founder and Chief Technology Officer. Founded in 1995, Allaire Corporation was a pioneer in using the web as an application platform and its industry leading and award winning products power millions of websites, online services and business applications on the Internet.
From 2003 to 2014, Jeremy served as a Member of the Board of Directors at Ping Identity Corporation, a high-growth, industry leading software and online service provider for securing identity on the Internet whose clients include many of the largest financial institutions in the world.
Circle
May 13th, 1971
American
Greater Boston Area, United States, North America
Macalester College, BS, Political Economy - 1989-1993
Macalester College, B.A. Political Science, Economics & Philosophy - 1989-1993
Circle - Co-Founder, Chairman and CEO
Brightcove - Founder - 2004-2016
General Catalyst - Entrepreneur in Rsidence - 2003-2004
Macromedia - CTO - 2001-2003
Circle CEO Jeremy Allaire to save crypto following the collapse of some major mainstream banks, including Silicon Valley Bank.
Amid the current crypto winter and overall bearish sentiment, stablecoin issuer Circle decided not to pursue any further SPAC merge plans for going public.
Circle CEO Jeremy Allaire said that Binance’s forced conversion will “likely lead to more USDC flowing to Binance”.
The total amount of USDC in circulation as of June 30 was $55.57 billion, according to Circle, which has stated that it is completely backed.
USDC issuer, Circle Internet Financial, has released Euro Coin (EUROC), a euro coin stablecoin backed by full reserves.