Odaily Planet Daily News: Circle CEO Jeremy Allaire recently participated in a 40-minute interview, where he revealed that the dominance of the US dollar stablecoin in the market is a continuation of the global financial system. Most international trade, transactions, and financial products are priced in US dollars, so the demand for stablecoins naturally leans towards the dollar. Additionally, the adoption rates of regional stablecoins like the euro and yen will gradually grow in local markets, with Euro Coin already becoming the largest euro stablecoin in the market. Jeremy Allaire also mentioned that Hong Kong has now become a core development region for Circle's business. As a major hub for global trade and capital flow, Hong Kong will aid Circle's business development in the Asian market. Currently, Circle is establishing a currency exchange service in Hong Kong to facilitate local users in creating and exchanging USDC at any time. (Coindesk)

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