PANews reported on August 15 that according to CryptoSlate, Circle CEO Jeremy Allaire expressed optimism about rumors that U.S. Vice President Kamala Harris would shift to a more favorable stance toward cryptocurrencies. He made the above remarks in an interview with CNBC on August 14, saying that Harris' presidential campaign team is actively working with the crypto industry to "work together" to deepen understanding of crypto-related policies in preparation for the 2024 U.S. election. According to Allaire: "Both the government and the Harris campaign are working together to truly understand these issues, participants, industries, and policy issues."

In the interview, he also shared his thoughts on a virtual roundtable he held on August 8 with White House officials, Harris campaign representatives, U.S. lawmakers, and industry leaders. The Circle CEO said the event highlighted the bipartisan nature of the issue and its importance to voters. He added that the industry is seeking clarity on Harris’ economic policy intentions and her stance on cryptocurrencies.