{"id":349211,"date":"2023-08-10T23:35:48","date_gmt":"2023-08-10T22:35:48","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=349211"},"modified":"2023-08-10T23:35:48","modified_gmt":"2023-08-10T22:35:48","slug":"circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/","title":{"rendered":"Circle says competition from PayPal and others is &#8216;great to have&#8217;, reports $1B in cash"},"content":{"rendered":"<p>Circle's top executive spoke favorably of competition from PayPal's stablecoin while emphasizing his own company's strong standing on <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-08-10\/circle-usdc-stablecoin-issuer-says-1-billion-cash-to-counter-paypal-binance\">Aug. 10<\/a>.<\/p>\n<p><a href=\"https:\/\/cryptoslate.com\/people\/jeremy-allaire\/\">Jeremy Allaire<\/a>, the CEO of Circle, said that other firms will likely begin to introduce stablecoins following PayPal's announcement. He told Bloomberg:<\/p>\n<blockquote><p>&#8220;I expect you will see many many, not just internet payments firms, but also &#8230; others begin to get more involved in this. It\u2019s great to have this new competition &#8212; I do think it\u2019s going to drive more and more companies into the field.&#8221;<\/p><\/blockquote>\n<p>Allaire said that his firm does not plan to offer white-label solutions in the same manner as Paxos, the stablecoin firm behind PayPal's new offering. However, he said that Circle does plan to form partnerships to promote the adoption of its <a href=\"https:\/\/cryptoslate.com\/coins\/usd-coin\/\">USDC<\/a> stablecoin.<\/p>\n<p>Allaire additionally predicted that many stablecoins could cease to exist &#8220;over the next two years&#8221; as regulators introduce stricter regulation. He alluded to regulatory developments in both the U.S. and the EU that could cause this trend.<\/p>\n<p>Earlier, on <a href=\"https:\/\/cryptoslate.com\/circle-ceo-addresses-usdc-liquidity-concerns-welcomes-paypal-move-into-stablecoins\/\">Aug. 8<\/a>, Allaire expressed support for PayPal's decision to introduce a stablecoin. There, he noted that favorable regulations &#8220;can open up a free and competitive market&#8221; for companies that want to issue dollar-backed cryptocurrencies.<\/p>\n<h2>Circle is performing well despite reduced market cap<\/h2>\n<p>Allaire also discussed Circle's market standing and disclosed a cash buffer in excess of $1 billion that could help the firm withstand new competition.<\/p>\n<p>The company saw $779 million in revenue and $219 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) during the first half of 2023. Allaire noted that those numbers are &#8220;significantly more than [Circle] had expected&#8221; as both numbers surpass its results for the entirety of 2022.<\/p>\n<p>That growth could counteract the falling market share of USDC, which has dropped from $45 billion at the beginning of 2023 to $26 billion at present.<\/p>\n<p>Allaire said this decrease in market cap is partly attributable to Binance's decision to <a href=\"https:\/\/cryptoslate.com\/binance-will-stop-supporting-usdc-certain-other-stablecoins-by-sept-29\/\">reduce its reliance<\/a> on USDC in favor of its own stablecoin, BUSD, in September 2022. That change also indirectly benefited another stablecoin, Tether's <a href=\"https:\/\/cryptoslate.com\/coins\/tether\/\">USDT<\/a>, which was not among the stablecoins affected by Binance's policy.<\/p>\n<p>Allaire acknowledged said that some events, such as failures of regional banks, have done damage to USDC adoption. Notably, the asset lost its peg around the time that <a href=\"https:\/\/cryptoslate.com\/companies\/silicon-valley-bank\/\">Silicon Valley Bank<\/a> collapsed in March. He said certain other events, such as the collapse of Terra and the collapse of <a href=\"https:\/\/cryptoslate.com\/companies\/ftx\/\">FTX<\/a>, benefited USDC despite their negative nature.<\/p>\n<p>He also suggested that future developments, such as reduced Federal interest rates and an upcoming reporting agreement with Deloitte, could provide an advantage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle&#8217;s top executive spoke favorably of competition from PayPal&#8217;s stablecoin while emphasizing his own company&#8217;s strong standing on Aug. 10. Jeremy Allaire, the CEO of Circle, said that other firms will likely begin to introduce stablecoins following PayPal&#8217;s announcement. He told Bloomberg: &#8220;I expect you will see many many, not just internet payments firms, but [&hellip;]<\/p>\n","protected":false},"author":1403,"featured_media":253848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32631],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Circle says competition from PayPal and others is &#039;great to have&#039;, reports $1B in cash<\/title>\n<meta name=\"description\" content=\"Circle&#039;s top executive spoke favorably of competition from PayPal&#039;s stablecoin while emphasizing his own company&#039;s strong standing on Aug. 10.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Circle says competition from PayPal and others is &#039;great to have&#039;, reports $1B in cash\" \/>\n<meta property=\"og:description\" content=\"Circle&#039;s top executive spoke favorably of competition from PayPal&#039;s stablecoin while emphasizing his own company&#039;s strong standing on Aug. 10.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-10T22:35:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/08\/circle-wallet.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person\",\"name\":\"Mike Dalton\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"caption\":\"Mike Dalton\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},\"headline\":\"Circle says competition from PayPal and others is &#8216;great to have&#8217;, reports $1B in cash\",\"datePublished\":\"2023-08-10T22:35:48+00:00\",\"dateModified\":\"2023-08-10T22:35:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\"},\"wordCount\":453,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Stablecoins\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\",\"url\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\",\"name\":\"Circle says competition from PayPal and others is 'great to have', reports $1B in cash\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2023-08-10T22:35:48+00:00\",\"dateModified\":\"2023-08-10T22:35:48+00:00\",\"description\":\"Circle's top executive spoke favorably of competition from PayPal's stablecoin while emphasizing his own company's strong standing on Aug. 10.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Circle says competition from PayPal and others is &#8216;great to have&#8217;, reports $1B in cash\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/7d8d6e15408b301718d9cc807053e582\",\"name\":\"Mike Dalton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg\",\"caption\":\"Mike Dalton\"},\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences.\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Circle says competition from PayPal and others is 'great to have', reports $1B in cash","description":"Circle's top executive spoke favorably of competition from PayPal's stablecoin while emphasizing his own company's strong standing on Aug. 10.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/","og_locale":"en_US","og_type":"article","og_title":"Circle says competition from PayPal and others is 'great to have', reports $1B in cash","og_description":"Circle's top executive spoke favorably of competition from PayPal's stablecoin while emphasizing his own company's strong standing on Aug. 10.","og_url":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/","og_site_name":"CryptoSlate","article_published_time":"2023-08-10T22:35:48+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/08\/circle-wallet.jpg","type":"image\/jpeg"}],"author":"Mike Dalton","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Mike Dalton","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person","name":"Mike Dalton","url":"https:\/\/cryptoslate.com\/author\/mike-dalton\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg","caption":"Mike Dalton"},"jobTitle":"Former Journalist","description":"Before transitioning to crypto writing in 2018, Mike studied library and information sciences.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"}},"headline":"Circle says competition from PayPal and others is &#8216;great to have&#8217;, reports $1B in cash","datePublished":"2023-08-10T22:35:48+00:00","dateModified":"2023-08-10T22:35:48+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/"},"wordCount":453,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Stablecoins"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/","url":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/","name":"Circle says competition from PayPal and others is 'great to have', reports $1B in cash","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2023-08-10T22:35:48+00:00","dateModified":"2023-08-10T22:35:48+00:00","description":"Circle's top executive spoke favorably of competition from PayPal's stablecoin while emphasizing his own company's strong standing on Aug. 10.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/circle-says-competition-from-paypal-and-others-is-great-to-have-reports-1b-in-cash\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Circle says competition from PayPal and others is &#8216;great to have&#8217;, reports $1B in cash"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/7d8d6e15408b301718d9cc807053e582","name":"Mike Dalton","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-150x150.jpg","caption":"Mike Dalton"},"description":"Before transitioning to crypto writing in 2018, Mike studied library and information sciences.","url":"https:\/\/cryptoslate.com\/author\/mike-dalton\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/349211"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1403"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=349211"}],"version-history":[{"count":27,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/349211\/revisions"}],"predecessor-version":[{"id":349307,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/349211\/revisions\/349307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/253848"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=349211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=349211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=349211"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=349211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}