Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date. There has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of its new crypto services — enabling both crypto payments and direct, in-app purchases of crypto — has been officially set for early 2021.Yet on Oct. 28, the co-founder and CEO of crypto payments firm Circle, Jeremy Allaire, claimed to have used the PayPal app to buy $100 worth of Bitcoin (BTC), tweeting a screenshot....
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Jeremy Allaire is already pretty well known in the tech world, having played an integral part in the creation of ColdFusion, the Macromedia MX (Flash) platform, and online video platform Brightcove. However, he just stepped even further into the limelight. Allaire is now heading up a new company called Circle, which aims to take the bitcoin market by storm. It's made a mighty good start, too, having secured $9m in Series A funding - the largest amount ever raised by a bitcoin company. CoinDesk spoke to Allaire to find out what Circle is all about, where the name came from and just what,....
For many months now, Bitcoiners have been wondering exactly what services Circle would offer to the fledging Digital Currency community. Since 2013, Circle has been notoriously tight-lipped on the specifics of its operation. Some in the community even went as far as to compare Circle to vaporware. Today, all the speculation is laid to rest. Early 5/16/14, CircleCEO Jeremy Allaire took to Circle's blog to reveal “What We Have Been Up to at Circle.” Circle launches its product today to increase the utility value of Bitcoin by reducing friction. Circle is the first worldwide Bitcoin Bank....
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.”
Circle Launches EUROC
Circle has announced the launch of the company’s second major fiat-pegged crypto asset called euro coin (EUROC). The announcement stemmed from Circle’s CEO Jeremy Allaire on Thursday who explained that EUROC already has “broad industry support.”....
Circle CEO Jeremy Allaire gave the opening keynote address at Inside Bitcoins New York on 7th April as part of a talk entitled 'Mainstreaming Bitcoin: The Next Phase of Digital Currency Growth & Value Creation'. The two-day conference will feature a number of notable speakers from the industry, including Blockchain's Nicolas Cary, GoCoin's Steve Beauregard and Kraken's Jesse Powell, and is expected to draw roughly 1,000 attendees. The second annual Inside Bitcoins New York conference and expo kicked off on 7th April with a keynote address from Circle CEO and founder Jeremy Allaire that....
USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins. The co-founder and CEO of Circle, Jeremy Allaire, has made a bold prediction that the company-issued stablecoin is on track to surpass payments giant PayPal in terms of transacted dollar value.The comments came in an April 6 tweet in which Allaire alluded to the on-chain transaction volume for USDC over the past year, which he reported as over half a trillion dollars.He added that this was already about half of the total payment volume for PayPal in 2020, hinting that a ‘flippening’ could be coming soon.....