Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin in the market, has shared his skepticism about the passing of a stablecoin law anytime soon. On Laura Shin’s podcast, Unchained, Allaire explained that, while there is a consensus about the importance of regulating stablecoins in the U.S., he doesn’t believe that the recently advanced ‘Clarity for Payment Stablecoins Act’ will be signed into law. Circle CEO Jeremy Allaire Skeptical About the ‘Clarity for Payment Stablecoins Act’Jeremy Allaire, CEO of stablecoin company Circle, is skeptical about the possibility of the recently advanced Clarity for Payment Stablecoins Act being passed into law. On Unchained, Laura Shin’s cryptocurrency podcast, Allaire stated that, while there has been a consensus around the need for stablecoin regulation in the country, he doesn’t think this legislation will pass.

Bitcoin (BTC) Gearing Up for Post-Halving Parabola, According to Crypto Analyst – But There’s a Catch A closely followed crypto analyst says that Bitcoin (BTC) could witness another parabolic rally en route to a new all-time high after its 2024 halving. Pseudonymous analyst Rekt Capital tells his 352,200 followers on the social media platform X that Bitcoin could rally above $80,000 in the months following its next halving event. The halving, which cuts BTC miners’ rewards in half, is expected to take place in April 2024.

Base, the Layer-2 Network from Coinbase, Has Already Seen Tons of Action Base – the highly anticipated layer-2 network of popular digital currency exchange Coinbase – is now live and has been available for public trading since August 9. Coinbase Allows Base to Go LiveJesse Pollak – the lead for Base and the head of protocols at Coinbase – explained in a recent podcast that the network underwent a lengthy period on the test net between February and July of this year. He commented: We’ve reached a point where we felt there was a critical mass, and we wanted to turn on this thing for everyone.