Circle CEO: Stablecoins can reach $ 3.7 trillion, can increase US dollars


A revolution kriptovurr The world moves to formally adjust the digital currency, digital currency, because MPs can go to the main flow, because the deputies are officially designed to maintain a stable value.

“The Internet now collides with the financial industry and financial system,” said Circle CEO and co-founder Jeremy Allaire “Mornings with Maria“Wednesday.” The Internet has the opportunity to build very important sizes and utilities as we have seen built in other areas.

Circle is a New York-based company specializing in Stablecoins. Goes to the public in early June, Circle stock prices On the opening day, I saw a waiting wave on the opening day, giving a strong appetite for digital currency supported by real world assets.

Stablecoin values ​​are made in currencies as US dollars, unlike the variable opponent Bitcoin. It makes them more predictive for daily use and more attractive for many consumers and deputies. In allaire’s conditions, Stablecoin is “Internet money on top of top.”

The American Power Network faces an unprecedented problem as AI and Crypto driver requested Skyward

Circle CEO Jeremy Allaire, the company of the company on the floor of the New York Exchange June 5, 2025 Company IPO during IPO.

Jeremy Allaire, Circle Internet Financial Ltd., CEO of the Center, New York in New York in New York (NYSE), on June 5, 2025 in New York (NYSE) (Getty Images / Michael Nagle / Getty Images)

Earlier this week, the Senate passed the genius movement, the first federal legislation focused on Stablecoin regulation. During the second term, the President received the support and support from President Donald Trump to Kiptisan. Legislation can create the ground to integrate stablecoints in a wider financial system.

First Bale Stablecoin Bill, DEMS hits snag like SPRINTING

“This is an excellent legislative piece,” the regiment of the bill. “It is so nice to see our political leaders, our economic leaders and a kind to work against him. I think (the) The genius action I believe that in the near future, it will be selected and will be brought to the presidential table. “

Supporters can help stablecoins cement Dominance of US dollars In the global stage, it is converted into a frictionless, exported digital currency.

Vance, Trump is announcing ‘Crypto has a champion’ in White House

Trump ‘Stupid’ Nourished Seat Powell’s Decision of Interest

“It’s great for $ 1,” said Allaire. “This digital dollar transforms an export product in the United States.

Secretary of the Treasury Scott bet In one post in a post, this optimism wrote in one part: “The latest reporting projects where Stablecoins can grow in a $ 3.7 trillion market until the end of the decade.”

Tim Scott, ‘History’ for financial markets Genius ACT link as a win

In the basic, Allaire argues, stablecoins offers a more reliable, safer approach to digital finance.

Click here to get FOX News app

“It’s a very strong force,” he said. “You do not take a bank’s credit risk. You hold short-term treasures of the US government. And therefore, it’s a strong model I think people don’t understand. This is a more reliable, more useful form.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *