Circle Internet Group Inc at Canaccord Genuity Digital Assets Symposium Transcript
All right, we are continuing here at Canaccord's 6th Annual Digital Asset Symposium, and up next we are very pleased to have our keynote session of day 2, and that keynote is with Jeremy Allaire, who's the Chairman and CEO of Circle.
Many of you clearly know who Circle is and know the investment case here, but for those very few that may not, Circle is one of the true juggernauts in the broader digital assets ecosystem.
And is the leading global issuer of compliant stablecoins. The company's USDC stablecoins are true digital dollars tokenized and fully reserved and which can move across blockchains and the internet instantaneously and pretty much frictionlessly.
This is a major distinction and upgrade from electronic money, which has been with us for a very long time and hasn't changed much in 40 years. We think of stablecoins as the true programmable money layer for the internet and where firstly the TAM is broader, where the TAM is really firstly broader M2 money supply over time, which in the US stands at $22 trillion.
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