ChainCatcher message, Circle CEO Jeremy Allaire recently revealed in an interview that USD stablecoins dominate the global financial market, closely related to the fact that most international trade and financial products are priced in USD. Although the demand for USD stablecoins is strong, regional stablecoins such as the Euro and Yen are also gradually gaining market recognition, with Euro Coin becoming the largest Euro stablecoin.

In addition, Allaire emphasized that Hong Kong plays a key role in Circle's business development. As a hub for global trade and capital flow, Hong Kong will assist Circle in expanding its presence in the Asian market. Currently, Circle is establishing exchange services locally to facilitate users in creating and exchanging USDC. 🔄💱