In this episode of Moonshots, Peter Diamandis, along with Salim Ismail and Emad Mostaque, interviews Jeremy Allaire, the co-founder, chairman, and CEO of Circle, about stablecoins, particularly USDC. Allaire defines stablecoins as fiat-denominated currency representations operating on public internet networks, fully backed and reserved by the corresponding fiat currency. The discussion explores how stablecoins can help the U.S. maintain its dominance as a global reserve currency, the role of full reserve banking systems, and the potential for AI agents to utilize stablecoins in economic operating systems. They also discuss the future of corporations, the impact of exponential technologies, and the importance of regulatory clarity.
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