Circle CEO Jeremy Allaire on USDC stablecoin growth

USDC Growth & Revenue - USDC circulation grew 90% year-over-year to the end of Q2 [1] - From the end of Q2 to August 10th, USDC circulation increased from 61 billion to 652 billion [1] - Year-to-date growth in USDC is 49%, a fundamental driver of revenue and revenue growth [1] Market Outlook & Projections - Analyst forecasts for stable coin money growth range from 25% to 90% CAGR, with an average of 60% [1] - The company would be happy with 40% annual growth [2] Transaction Acceleration - Acceleration in transactions observed [1]