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Circle (CRCL) has one of the hottest stocks this year — and founder and CEO Jeremy Allaire is well aware of the strong price action.

"The Street is starting to get us," Allaire told me on Tuesday night at the Economic Club of New York.

Allaire pointed to investors' growing understanding that Circle is becoming key to the reinvention of the archaic global financial system — and that it's not just a play on crypto adoption. He also pointed to the company's strong fourth quarter results as evidence of its momentum.

READ MORE: Circle CEO explains what's behind the stock's explosive gains