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jeremy allaire

T2 · manager / operator

Serial entrepreneur on his third company (fourth founding effort) and third IPO; has built Circle over 12+ years into a public company (~$20B market cap) issuing USDC, the largest regulated stablecoin; led the company through a near-bankruptcy moment in 2019 and the passage of the Genius Act establishing federal stablecoin law.

7 calls·1 name·100% bull·last heard 9 days ago·TBPN+1
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1sthigh conviction
$CRCLCircleposition

Circle launches Arc: AI-first economic OS with USDC as trusted dollar for agentic economy

Circle's new Arc platform creates an AI-accessible economic operating system where USDC becomes the trusted, programmable dollar for agent-to-agent commerce, with cryptographic proofs enabling trust and verifiability in the agentic economy. Stablecoins become legal digital dollars in the US financial system as of January 2027, commoditizing payments and settlement.

TBPN2026-09episode →

most discussed · click a bar to filter

  • $CRCL

recurring themes

  • Crypto & Digital Assets3
  • AI Agents2
  • Payments & Banking Infrastructure1
  • Cybersecurity1
7 total
$CRCL
···
Circle
HIGHjeremy allaire·TBPN·9 days ago·All Eyes on Warsh, Space Weapons, DreamMogged, Tomasz Tunguz Joins· position
Circle launches Arc: AI-first economic OS with USDC as trusted dollar for agentic economy
Circle's new Arc platform creates an AI-accessible economic operating system where USDC becomes the trusted, programmable dollar for agent-to-agent commerce, with cryptographic proofs enabling trust and verifiability in the agentic economy. Stablecoins become legal digital dollars in the US financial system as of January 2027, commoditizing payments and settlement.
"We turned on a new global operating system today called Arc. It is an economic operating system that we've been building for two and a half years. Hundreds of companies launch the…"
49:50
$CRCL
···
Circle
HIGHjeremy allaire·TBPN·9 days ago·All Eyes on Warsh, Space Weapons, DreamMogged, Tomasz Tunguz Joins· position
Circle launches Arc economic OS as USDC becomes legal digital dollar in US financial system
Stablecoins will commoditize payments and settlement, compressing rent extraction from traditional rails as USDC becomes legal digital dollars in January 2027 with programmable, instant, near-zero-cost global movement.
"We turned on a new global operating system today called Arc. It is an economic operating system that we've been building for two and a half years. Hundreds of companies launch the…"
50:02
$CRCL
···
Circle
HIGHjeremy allaire·TBPN·9 days ago·All Eyes on Warsh, Space Weapons, DreamMogged, Tomasz Tunguz Joins
Circle launches Arc: AI-native economic OS with USDC for agentic trust and verifiability
Circle's Arc platform creates an AI-accessible economic operating system using USDC to provide cryptographic trust/verifiability for agentic transactions, commoditizing payments and enabling direct settlement for enterprises.
"We turned on a new global operating system today called Arc. It is an economic operating system that we've been building for two and a half years. Hundreds of companies launch the…"
50:02
$CRCL
···
Circle
HIGHjeremy allaire·TBPN·9 days ago·All Eyes on Warsh, Space Weapons, DreamMogged, Tomasz Tunguz Joins· position
Allaire: USDC becomes legal digital dollar Jan 2027, payments settlement commoditizing
The Genius Act made stablecoins legal digital dollars in the US financial system effective January 2027, enabling instant, programmable, near-zero-cost settlement globally. This compresses out decades of rent extraction in payments and creates a massive opening for enterprises like Amazon and Walmart to bypass traditional rails.
"stable coin digital dollars are now as of January of this coming year like legal digital dollars in the financial system. You can move them programmatically instantly anywhere in…"
50:53
$CRCL
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Circle
HIGHjeremy allaire·TBPN·2 months ago·Google DeepMind Reorgs, Rainforest Discoveries, Monkey Prices Surge, NYT Stock Drops· position
Circle USDC dominates 70% of real-world stablecoin transactions; building agentic labor market
USDC is 70% of real-world stablecoin transactions per Visa; Genius Act makes stablecoins part of official financial system; Circle building infrastructure for AI agents as cognitive workers — a cross-firm labor market with identity, reputation, and payment rails.
"Visa reported at the end of June 70% of real world stablecoin transactions happening with USDC... the agentic economy in some respects is about the transformation of cognitive wor…"
84:28
$CRCL
···
Circle
HIGHjeremy allaire·TBPN·2 months ago·Google DeepMind Reorgs, Rainforest Discoveries, Monkey Prices Surge, NYT Stock Drops· position
Circle CEO: USDC dominates 70% of real-world stablecoin transactions; Genius Act integrates stablecoins into financial system
Stablecoins are moving from speculative to mainstream: Genius Act makes them officially part of the dollar financial system; USDC captures 70% of real-world stablecoin transactions (per Visa); 75% of Hyperliquid volume is now tokenized real-world assets; adoption spreading across payment companies, neobanks, ERP systems, and DTCC settlement.
"Visa reported at the end of June 70% of real world stablecoin transactions happening with USDC... close to 75% of the volume traded on Hyperlid was actually real world assets, tok…"
84:28
$CRCL
···
Circle
HIGHjeremy allaire·Kleiner Perkins·8 months ago·The Safest Dollar on the Internet | Circle CEO Jeremy Allaire· position
Circle CEO: USDC now legally enshrined as full-reserve digital dollar with 10-20 year runway
Circle's USDC is the leading regulated full-reserve stablecoin now codified into federal law via the Genius Act, with revenue scaling from $8.5M to $1.4B and strategic backing from BlackRock and Fidelity, positioning it as the foundational internet financial platform as companies transition to onchain operations.
"we had, you know, BlackRock and Fidelity and some of the greatest investors in the world coming and writing, you know, 300-400 million checks into the company. And it was like a t…"
36:50
9
Crypto & Digital Assetstailwind
Genius Act creates federal framework for full-reserve stablecoins, unlocking institutional adoption
The Genius Act enshrines narrow banking into federal law, legally distinguishing full-reserve stablecoins like USDC from fractional-reserve bank deposits, removing regulatory uncertainty and enabling major financial institutions (BlackRock, Fidelity, global banks) to build onchain products with regulatory clarity.
9
Crypto & Digital Assetstailwind
Stablecoins becoming official financial infrastructure; agentic payments emerging as killer use case
Genius Act makes stablecoins part of US financial system; USDC at 70% of real-world stablecoin transactions (Visa data). Circle building cross-firm agentic labor market with identity, reputation, and payment rails — agents as cognitive workers, not just shopping assistants. 99%+ of agent payments already on-chain with USDC.
8
Payments & Banking Infrastructuretailwind
Programmable dollar infrastructure replaces legacy rails with open, composable settlement layer
Circle's USDC and CPN create an open API for dollars on the internet — mint/redeem infrastructure connected to global financial centers — allowing any financial institution to settle instantly across borders without correspondent banking friction, turning money into a software utility with superior safety (Treasury-only reserves) and utility.
8
Crypto & Digital Assetstailwind
Stablecoins entering core financial infrastructure via Genius Act and real-world asset tokenization
The Genius Act makes stablecoins officially part of the US financial system; USDC dominates 70% of real-world stablecoin transactions; 75% of Hyperliquid volume is tokenized RWAs; adoption spreading to DTCC settlement, ERP systems, neobanks, and cross-border payments — a structural shift from speculative to utility phase.
8
AI Agentstailwind
Circle: Agentic economy = labor market for cognitive agents, not just shopping bots
The real agentic opportunity is agents as units of labor — a cross-firm labor market where agents discover, transact, and execute work. Requires identity, reputation, marketplaces. 900+ services already live. This shifts from 'research and shopping' to 'work executed' with programmable money (USDC) as settlement layer.
7
AI Agentstailwind
Onchain companies will run governance and finance via AI-driven smart contracts
Corporations will become 'onchain companies' where contracts, governance, and financial arrangements are executed by smart-contract-powered software machines interacting with AI agents, creating a programmable, composable application layer for the global economic system that Circle's infrastructure is built to support.
7
Cybersecurityrisk
AI-orchestrated attacks raising stakes for crypto infrastructure and smart contract security
Circle CEO reports hardware wallet seed phrases drained via weak encryption ($100M+ losses); social engineering attacks now AI-written with contextual understanding; new blockchain network operating systems (ARC) require hardened validator infrastructure meeting central-bank-grade SLAs to withstand scrutiny.