3 hour flight
400 mph
1,200 miles
30,000 feet
500,000+ tokens
All while a dad and son next to me assembled a Lego island, then retreated to their own iPads for the back half of the flight.
The world is a special place.
Just wrapped an incredible few days in Seoul. South Korea is moving fast on stablecoin and digital asset regulation — and the ambition here to do things right is real.
Met with an extraordinary range of leaders: superapps like KakaoGroup, leading crypto exchanges, banks, reporters, and influencers building the next generation of internet finance and the agentic economy.
Crypto adoption is sky high and the country is focused on doing things the right way. We are proud to announce expanded work with Dunamu, the operator of Upbit, to support responsible adoption of digital assets: https://t.co/iaRrdgOq2W
We also announced expanded work with Bithumb to enhance stablecoin infrastructure and improve the understanding of stablecoins: https://t.co/JIx3YKCGrX
We met with the team at @CoinoneOfficial and their dedication to building the safest crypto exchange is clear.
We were happy to get to see companies like @BDACSKorea building a Korean won-backed stablecoin on Arc, our economic operating system, and leaders from Hashed, Hecto Financial, Danal, Travel Wallet, Samsung Card, Toss, Hyundai Card, Koda, Shinhan Bank, KB Financial Group, Shinhan Bank, Galaxia Moneytree, Woori Bank.
There were so many companies and leaders we didn’t get to meet with because travel issues cut our trip short!
But our message was clear and consistent: we want to work with local leaders — entrepreneurs and regulators alike — to ensure the internet financial system actually works for businesses and people in South Korea.
This is about building together. We will be back.
For cross-border payments, speed and access matter.
USDC enables instant, lower-cost digital dollar settlement across borders, expanding access to dollars.
@jerallaire with @DM_Rubenstein at @TheEconomicClub
One of the most exciting launches from @circle -- we are building the market infrastructure for global stablecoin finance. StableFX, a new application utility and engine from Circle, is coming. Read below, including StableFX Litepaper. Live on @arc testnet today.
RIP Mark Knoller, the longtime @CBSNews White House reporter who made himself into a one-man archive of all presidential facts and statistics. He was a prince of the briefing room, ever generous to colleagues and competitors alike. He was the best. https://t.co/Z3vtLFiTVg
The Senate’s passage of the GENIUS Act marks a historic moment for the future of money. We commend Senators on both sides of the aisle for working together to craft pragmatic, bipartisan legislation that supports innovation while protecting consumers and preserving the strength of the U.S. dollar in the digital age. Since 2021, Senate and House committees have held extensive hearings and markups on stablecoin legislation and the GENIUS Act is the product of those deliberations. We urge the House to act without delay and send this critical bill to the President’s desk so it can become law.
https://t.co/IijqhuhH8o
A terrible tragedy occurred in my home state of Minnesota early this morning. A gunman, disguised as a police officer, shot and wounded State Senator John Hoffman and his wife and subsequently shot and killed State Representative Melissa Hortman and her husband.
A few months ago, the bishops of Minnesota visited the State Capitol in order to speak to some of the political leadership of our state. Both Sen. Hoffman and Rep. Hortman were among those we visited with. I was deeply impressed by both. Rep. Hortman listened to us with sharp intelligence and acute attention. And I had a wonderful conversation with Sen. Hoffman, who was a graduate of St. Mary’s University in my diocese. He shared his passion for Catholic Social Teaching.
God knows we are divided society, but our political differences must never, ever give rise to violence. Please pray for the swift recovery of Sen. Hoffman and his wife and for the repose of the souls of Rep. Hortman and her husband.
Blesseds Carlo Acutis and Piergiorgio Frassati will be canonized together in Rome on September 7, 2025.
This morning, Pope Leo XIV presided over the Ordinary Public Consistory for the Canonization of the Blesseds, announcing that these Italian young men will be inscribed in the Register of Saints on the first Sunday of the month.
"We are crossing the chasm from early adopters to mainstream acceptance (of stablecoins)." - @jerallaire, co-founder of @circle
"The laws and regulations of a publicly traded company matter in terms of trust, transparency, compliance, and governance."
"We're a market-neutral infrastructure company that people can build on top of. We're not competing for end users or businesses."
"I really think now is a significant moment, where lots of mainstream companies feel like they can do this and there's a great platform company to work with."
Circle Payments Network (CPN) is now live and orchestrating real stablecoin flows across MX, BR, HK, and more. Congrats and thank you to all of our partners!
If you’re a bank, fintech, or PSP looking to move money globally with one integration – join us!
@JasonYanowitz It is a great point and carries over to AI. For all our concerns about its negative impact on society, what about adoption? Has AI broadly been diffused through society? No. That will limit its potential (for now).
Circle President Heath Tarbert highlights the role of stablecoins in modernizing the US dollar for the digital age on @FoxNews.
Stablecoins are digital dollars that move securely and instantly on blockchain.
They are fully reserved, and pegged 1:1 to the U.S. dollar.
With clear federal regulation, stablecoins can enhance financial efficiency, reduce transaction costs, and strengthen the US economy while ensuring consumer protections.
The Office of the Comptroller of the Currency has authorized national banks to issue and process stablecoins, marking a significant step for financial integration.
Proper regulation of stablecoins can promote innovation, economic security, and global financial inclusion.
Stablecoins are not just a technological breakthrough; they represent an evolution in the very fabric of global finance.
https://t.co/8mshx6I8bE