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USDC's Circle Just Filed to IPO. Would It Make a Good Investment? - Ep. 812

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Manage episode 475183713 series 1822984
Content provided by Laura Shin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laura Shin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

USDC stablecoin issuer Circle has filed for an initial public offering with the SEC, as Trump’s tariffs cause turmoil in the markets and stablecoin bills make their way through Congress, promising to upend competition.

The information in its prospectus shows a company that has few aces up its sleeve, a lot of business deals to make and a perhaps lofty valuation.

Omar Kanji, Partner at Dragonfly, joined the show to explain:

  • How Circle can get USDC into the hands of users
  • Circle’s staggering regulatory compliance costs vs. the likes of Tether
  • Circle’s S-1 valuation of $5 billion
  • Forthcoming regulatory clarity and how it changes the stablecoin game
  • The potential impact of tariffs on Circle’s success

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

Links

Previous coverage on Unchained:

How a Radical Proposal in Trump’s World Could Hurt Stablecoins, but Boost Bitcoin

Coinbase Aims to Jointly Pass Market Structure and Stablecoin Legislation in Congress

Stablecoin Bills Could Squeeze Out $140 Billion Tether

Circle files an initial public offering

Timestamps:

🤝 0:00 Introduction

🫰 4:04 Circle’s shockingly high distribution costs for USDC

💲 7:11 How much does Circle’s revenue depend on interest rates?

🤯 10:46 Circle’s staggering regulatory compliance costs vs. the likes of Tether

📈 16:02 How imminent regulatory clarity for stablecoins helps and hurts Circle

🫤 23:11 Is Circle’s $5 billion valuation realistic?

⚖️ 25:21 How stablecoin competition might look after stablecoin bills become law

😰 28:14 How will Trump’s tariffs affect Circle’s IPO?

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

871 episodes

Artwork
iconShare
 
Manage episode 475183713 series 1822984
Content provided by Laura Shin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laura Shin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

USDC stablecoin issuer Circle has filed for an initial public offering with the SEC, as Trump’s tariffs cause turmoil in the markets and stablecoin bills make their way through Congress, promising to upend competition.

The information in its prospectus shows a company that has few aces up its sleeve, a lot of business deals to make and a perhaps lofty valuation.

Omar Kanji, Partner at Dragonfly, joined the show to explain:

  • How Circle can get USDC into the hands of users
  • Circle’s staggering regulatory compliance costs vs. the likes of Tether
  • Circle’s S-1 valuation of $5 billion
  • Forthcoming regulatory clarity and how it changes the stablecoin game
  • The potential impact of tariffs on Circle’s success

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

Links

Previous coverage on Unchained:

How a Radical Proposal in Trump’s World Could Hurt Stablecoins, but Boost Bitcoin

Coinbase Aims to Jointly Pass Market Structure and Stablecoin Legislation in Congress

Stablecoin Bills Could Squeeze Out $140 Billion Tether

Circle files an initial public offering

Timestamps:

🤝 0:00 Introduction

🫰 4:04 Circle’s shockingly high distribution costs for USDC

💲 7:11 How much does Circle’s revenue depend on interest rates?

🤯 10:46 Circle’s staggering regulatory compliance costs vs. the likes of Tether

📈 16:02 How imminent regulatory clarity for stablecoins helps and hurts Circle

🫤 23:11 Is Circle’s $5 billion valuation realistic?

⚖️ 25:21 How stablecoin competition might look after stablecoin bills become law

😰 28:14 How will Trump’s tariffs affect Circle’s IPO?

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

871 episodes

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