🚀🌍 Circle CEO Jeremy Allaire is buzzing with optimism about the future of crypto and stablecoins! He predicts that within the next decade, stablecoins could make up a whopping 10% of global economic money. 💰💹

Stablecoins, the 'killer app' for crypto, have been game-changers for cross-border commerce, slashing remittance costs and providing banking solutions for the unbanked. Allaire envisions that by 2025, stablecoins will be legally recognized as 'legal electronic money' in most major jurisdictions. 🌐💼

Allaire is super bullish about a future where credit intermediation shifts from fractional reserve lending to on-chain credit markets using stablecoins. This could open up credit and debt to a broader market, revolutionizing finance, commerce, and governance. 📈🔗

He believes blockchain technology could support billions of users and applications, with on-chain organizations competing with traditional corporations, and political bodies adopting blockchain for governance. All of this, he believes, is achievable within the next decade. 🚀🌐

Allaire's optimism is based on the belief that we're still in the VERY EARLY STAGES of crypto adoption. The rapid pace of technological advancements and increasing acceptance will drive significant changes in the next decade. 📈🚀

Allaire sees crypto as being on the cusp of catapulting society and the economy forward in powerful new ways, reminiscing about the early days of Bitcoin and the initial skepticism surrounding cryptocurrency. Despite this, the persistence and creativity of early builders have propelled the technology to its current state. 🚀💡

So, buckle up, crypto enthusiasts! The future of stablecoins and crypto looks bright! 🌞🚀