jeremy: i mean, i often get asked the question what is the case for usdc?is the use case for a dollar? what we can do is we can take that durable, reliable dollar which inherits from the underlying safety and soundness of the federal reserve and the fundamental monetary policy in the united states, and we can convey onto that dollar the superpowers of the internet. the ability to transact instantly, globally, with businesses at the speed of the internet with very fast finality. and at a fraction of the cost electronic money moves today. you are really bringing true digitalization to the currency. there are many other benefits beyond that because it is a programmable nature. fundamentally, you're taking the power of the internet, putting that on the dollar, and making it widely available. emily: how much interest are you seeing from corporate treasuries to invest in stable coins like usdc? jeremy: this has been a fascinating phenomenon. we have seen in the past couple of years pretty dramatic growth in the borrowing and lending markets that have built up aro

great conversation with nic carter what he said about tether and its usdc and circle is perhaps the crypto economy will move naturally to more regulated, more transparent cryptocurrencies and platforms. >> sort of positioned themselves as heightly regulated u.s.-based version of this. like nic mentioned, tether has become extremely popular in asian markets and it really is still the number one choice for traders looking to get in and out of bitcoin and if you look at a platform like binance or exchanges in asia, a lot of them, a lot of these traders were using tether, though someone i talked to might not want to talk about the fact they're using tether, there is a ton of controversy around it and the idea that, you know, if i need to milwake a bitcoin tra on saturday night, i see a spread or opportunity, tether is the quickest instrument to do that. >> we have been talking about this a ton the whole idea of it is velocity, right? efficiency no one is holding tether to speculate, to make any money, right? what we call the poker chips of the crypto economy an audit, would that really matter

. >> i certainly don't i think first just for orientation, when we look at things like usdc and we looksting future banking system that we have, taking the regulatory rating we have around electrified money around the united states and around the world and marrying that with the power of public internet, public blockchain so it's a payment system innovation i think critically usdc does operate under a regulatory standard and that's a high standard that's been set in the united states. >> jeremy, let's talk crypto more broadly dogecoin being greenlit, if you will, into coin base for these professional traders right now you have had the price of bitcoin come down quite dramatically ether as well, now people think that ether is going to outpace bitcoin. let's talk bitcoin first what do you make of what's happened and where it stands right now? >> i mean, i think at a very high level obviously these kind of crypto assets have grown very significantly. everyone knows how significantly they've grown. i think there is wide acceptance that these are here to stay and these sort of major assets l

mid-size businesses as well as retail consumers, and those small mid-size businesses want to accept usdcst on those as well as use them in everyday payment. maria: all right, we will leave it there, steve, it's great to talk with you we'll be talking along the way as this continues to resonate with people. thank you so much, steve ehrlich , we'll take a break and when we come back a surprise from the sky, watch this plane's incredible landing on a california highway, more of the crazy video in the next morning buzz when we come right back. >> ♪ ♪ some days, you just don't have it. not my uncle, though. he's taking trulicity for his type 2 diabetes and now, he's really on his game. once-weekly trulicity lowers your a1c by helping your body release the insulin it's already making. most people reached an a1c under 7%. plus, trulicity can lower your risk of cardiovascular events. it can also help you lose up to 10 pounds. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't take trulicity if you're allergic to it, you or you