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jeremy fox-gene

T2 · manager / operator

CFO of Circle, the issuer of USDC stablecoin and builder of ARC blockchain. Leads financial strategy for the company building market-neutral infrastructure for the internet financial system.

2 calls·1 name·100% bull·last heard 11 months ago·The Information
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
$CRCLCircle Internet Group

Circle CFO details 108% USDC growth to $73.7B, sees stablecoin mega-trend accelerating

USDC circulation doubled YoY to $73.7B with utility up 580% as onchain transactions hit $9.6T, driven by dollarization demand and cross-border payment adoption; Circle's market-neutral infrastructure across blockchain, stablecoin, and application layers positions it to capture the internet financial system mega-trend.

The Information2025-11episode →

most discussed · click a bar to filter

  • $CRCL

recurring themes

  • Payments & Banking Infrastructure2
  • Crypto & Digital Assets1
  • Fintech1
2 total
$CRCL
···
Circle
HIGHjeremy fox-gene·The Information·11 months ago·Circle CFO on the “Global Megatrend” Driving Stablecoin Growth
Circle CFO frames stablecoin growth as global megatrend with USDC at $73.7B
Circle is building market-neutral infrastructure at every layer of the new internet financial system, with USDC growing 108% YoY to $73.7B and utility up 580% as onchain transactions hit $9.6T.
"We're at the very beginning of what can best only be described as a global mega trend, which is the building and growth of the new internet financial system. And that's grounded i…"
0:43
$CRCL
···
Circle Internet Group
HIGHjeremy fox-gene·The Information·11 months ago·‘Neolabs’ Rivaling OpenAI, New Finishing School for Founders, Circle’s Q3 Earnings | Nov 12, 2025
Circle CFO details 108% USDC growth to $73.7B, sees stablecoin mega-trend accelerating
USDC circulation doubled YoY to $73.7B with utility up 580% as onchain transactions hit $9.6T, driven by dollarization demand and cross-border payment adoption; Circle's market-neutral infrastructure across blockchain, stablecoin, and application layers positions it to capture the internet financial system mega-trend.
"What is working? We're at the very beginning of what can best only be described as a global mega trend which is the building and growth of the new internet financial system and th…"
1:45
8
Crypto & Digital Assetstailwind
Stablecoin adoption accelerating as internet financial system infrastructure matures
USDC circulation doubled YoY to $73.7B with 580% utility growth and $9.6T onchain transactions, driven by digital asset market share gains, global dollarization demand, and cross-border payment friction reduction.
8
Payments & Banking Infrastructuretailwind
Circle CFO sees stablecoin mega-trend driving 108% USDC growth as internet financial system emerges
Stablecoins are becoming general-purpose internet architecture for money, with USDC circulation reaching $73.7B and onchain transaction volume hitting $9.6T; dollarization demand and cross-border payment frictions are accelerating adoption, creating a structural tailwind for regulated stablecoin infrastructure.
7
Payments & Banking Infrastructuretailwind
Cross-border payments and dollarization emerge as key stablecoin growth vectors beyond crypto trading
Traditional financial frictions in cross-border flows (slower, more expensive) drive businesses to adopt blockchain-based dollar infrastructure, with Visa and Mastercard partnering on USDC rather than competing.
7
Fintechtailwind
Market-neutral infrastructure model wins as financial institutions build on USDC rather than launch competing stablecoins
Marginal value of new stablecoins is near zero; value accrues to interoperability, distribution, and liquidity at scale. Major institutions (Visa, Mastercard, banks) partner with Circle to bring blockchain benefits to customers.