This episode provides an in-depth analysis of Circle and USDC, while also exploring the broader stablecoin landscape. The discussion highlights stablecoins as crypto’s killer use-case, Circle's transition from a Bitcoin wallet to a leading figure in the stablecoin space,  a data driven overview of USDC adoption, an overview of the competitive landscape, the regulatory environment, the anticipations around Circle's IPO, and the broader implications of stablecoins on the crypto ecosystem, banking sector, and global economy.  00:00 Introduction 00:27 Stablecoins: Crypto’s killer use case 01:36 The Impact of Stablecoins on Global Finance 06:25 Circle's Evolution: From Bitcoin Wallet to Stablecoin Powerhouse 17:31 The Business Model Behind Stablecoin Issuers 31:50 Exploring the Competitive Landscape of Stablecoins 43:15 Data Dive: Analyzing USDC Distribution and Activity 48:04 Deep Dive into USDC's Performance on Different Blockchains 50:02 The Role of Bots in Crypto Transactions and Their Impact 51:05 Analyzing Transaction Volumes and User Behaviors Across Blockchains 01:04:08 Exploring Future Use Cases for Stabelcoins: Payroll and Daily Payments 01:09:37 Market Share, Rate Sensitivity, and the Impact of Interest Rates on Stablecoins 01:14:36 Regulatory Challenges and the Future of Stable-coins 01:22:23 Circle's Potential IPO 01:29:17 Concluding Thoughts We hope you enjoy the episode! --- Subscribe to The DeFi Report Newsletter: ⁠ https://thedefireport.io/subscribe⁠ Download a copy of The Ethereum Investment Framework: https://thedefireport.io/ethereum-inv... Subscribe on YouTube: ⁠https://bit.ly/3SeyyA8⁠ Subscribe on Spotify:  ⁠https://podcasters.spotify.com/pod/sh... Subscribe on Apple Podcasts:  ⁠https://podcasts.apple.com/us/podcast... Follow Michael: https://www.linkedin.com/in/michael-austin-nadeau/ Follow Oskari: https://www.linkedin.com/in/oskaritempakka/ --- The views expressed by the co-hosts or any guests are their personal views and should not be relied upon as financial, technical, tax, legal, or any other type of advice. The creators of this content, or members, affiliates, or stakeholders of The DeFi Report, may be participating in or have invested in the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Listeners and are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol.