According to Odaily, Circle CEO Jeremy Allaire has expressed an unprecedented level of optimism for the future of cryptocurrency. Allaire believes that the development of internet technology has demonstrated the power of open networks and software, and that cryptocurrency is at a pivotal moment in driving social and economic development. He suggests that a lack of comprehensive understanding of cryptocurrency development among the public is actually a positive sign.
Furthermore, Allaire is of the opinion that public blockchain infrastructure has evolved to its third generation, capable of supporting large-scale applications. He notes that there are numerous innovative communities worldwide continuously improving these technologies. Despite the fact that the adoption of cryptocurrency is still in its early stages, Allaire sees its potential as immense. He is confident that significant changes can be expected within the next decade, and believes that this technological wave will bring about a greater transformation than previous internet revolutions.