Circle CEO Predicts Stablecoin Boom
Circle CEO Jeremy Allaire is optimistic about stablecoins, predicting they could make up 10% of the global economy in the next decade. He sees them revolutionizing cross-border trade, reducing remittance costs, and providing financial services to the unbanked. By 2025, stablecoins might achieve legal "e-money" status in major regions.
Allaire highlights active adoption by payment companies and governments, and envisions blockchain democratizing credit markets. He compares the potential impact of blockchain to the early Internet, expecting cryptocurrencies to drive significant economic and societal change.
