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stablecoin balances

2 statements across 2 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 4, 2025 by John Collison · across every show →

Everything said about stablecoin balances, oldest first

Nov 4, 2025 neutral
Assertion Supported
Collison: US dollar-backed tokens comprise over 95% of stablecoin balances
“U.S. Dollars are not that big a share of global currency balances, but the, you know, U.S. Dollars are 95 plus percent of steelbook coin balances.”
John Collison Nov 4, 2025 ▶ 14:32 Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy)
Feb 24, 2026 neutral
Assertion Supported
Collison: An estimated 99% of stablecoin balances are USD-based
“We further note with interest that despite regulatory uncertainty in the United States, early stablecoin adoption has shown a notable US dollar preference, with an estimated 99% of stablecoin balances being USD-based.”
John Collison Feb 24, 2026 ▶ 20:22 Stripe’s 2024 annual letter
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