Company
Date Published
Author
Team Circle
Word count
367
Language
English
Hacker News points
None

Summary

Circle Internet Financial hosted a webinar with CoinDesk titled "The Future of Institutional Crypto Investments" on November 4, 2021, to address the challenges and opportunities of investing in cryptocurrencies for institutional investors. The event aimed to provide insights into alternative investment strategies that offer higher yields compared to traditional banking and fixed-income markets, especially in an environment where low interest rates make it difficult for corporate treasurers and institutional fund managers to generate significant returns on cash reserves. Industry leaders such as Jeremy Allaire of Circle, Mike Moro of Genesis, and Mike Belshe of Bitgo discussed market trends and how crypto fixed-income products can offer exposure to digital assets. Circle's crypto fixed-income product, Circle Yield, built on USDC, was highlighted, although it stopped accepting new loans as of November 17, 2022, pending future program updates. Circle is focused on transforming financial transactions to be more accessible and inclusive, thereby enhancing global economic opportunities.