The Pomp Letter
The Pomp Letter
Yield Arbitrage Is Coming To Corporate America & Wall Street
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Yield Arbitrage Is Coming To Corporate America & Wall Street

5

To investors,

I published an interview with Circle CEO Jeremy Allaire this morning on the podcast. For those that are unaware, Circle is the creator of USD Coin — a stablecoin that is backed 1:1 by US dollars.

The company describes the asset with the following:

“USDC is issued by regulated financial institutions, backed by fully reserved assets, redeemabl…

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