Jeremy Allaire: 3 Things That Will Transform Stablecoins

Jeremy Allaire is the Chairman, CEO, and co-founder of Circle, the issuer of USDC — a stablecoin with nearly $80 billion in circulation and a core piece of the broader stablecoin market, which has grown from zero to nearly $300 billion over the past decade. In this fireside at Startup School of Y Combinator, Jeremy sat down with Nemil to talk about Circle's founding vision of building an internet protocol for dollars, the wave of institutional and regulatory adoption now reshaping the financial system, and why agentic economic activity — not just consumer payments — represents the most transformative frontier for stablecoin builders in the years ahead. https://www.circle.com 00:00 Introduction & Why Stablecoins Matter 01:45 Jeremy's Background & Circle's Origin 07:10 Top Use Cases for Builders Today 11:22 Consumer vs. Business Adoption 13:20 Banks & Institutions Enter the Space 17:54 Global Regulation Landscape 22:40 AI Agents & the Agentic Economy 26:15 Missing Infrastructure for Builders 27:38 Three Big Predictions for Stablecoins Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs