Who’s behind one of the biggest companies in crypto? Today we’ll be looking at Circle and the evil backing behind it and what it means for the future of crypto.

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    0:00 Intro
    0:14 USDT to USDC
    1:17 What is Circle?
    2:00 Jeremy Allaire
    3:46 Investors
    7:27 Circle going public
    8:27 It’s a bank
    10:10 Circle and BlackRock

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    #bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation #cardano #cryptocurrency

    23 Comments

    1. When I started with crypto, I thought USDC would be the stablecoin I use. I guess not lol. But now I'm not sure what stablecoin would be best and safe to use. I'll just have to leave unused funds in USD.

    2. People will have to choose how they want to bank in the future I think. Some people will choose the same system as before, hopefully others will branch out.

    3. I can’t remember who said it but basically they said USDC has all the characteristics they would want in a CBDC coupled with binance coming out with BUSD to take market share away and to have a stablecoin that isn’t being tracked like USDC lead me to not trust them and know that it will be the CBDC.

    4. A bank controlling crypto is unnecessary and nuts. Crypto removes the need for banks in the first place. Not sure I'd say we allowed this, though. It's more like there is an ongoing war for the future freedom of our finance and what are we going to do about it?

    5. Ok Ben I really respect you but Noam Chomsky is famous within my field (psychology) he truly is famous for many concepts and human advances. Americans are far too anti socialist. Try telling people who live in Scandinavian countries that socialism doesn't work.

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