[Circle Lianchuang: Today’s encryption field is like the situation when “Apple first launched the iPhone”, still in the early stages] According to news on September 18, Circle co-founder and CEO Jeremy Allaire attended “The Speaking during a roundtable discussion on the theme "Next 3 Years in Crypto" (the next 3 years in the field of encryption), he said: In the 1.0 version of the Circle vision, this is basically a world where the marginal cost is zero to store and transfer value. In this world, the user experience of transacting on these mediums will be as simple and seamless as the user experience we have with major software tools on the Internet. We're not quite there yet, but we're very close. But I think over the next year we'll make progress on relevant practical tools. I feel like as we get closer to that point (version 1.0 envisioned), the velocity of money and the real economy in the world will increase significantly, and if we have this extremely high velocity of money, the ability for people to benefit financially from it will be Remarkable. I think it's still early days, and despite the tremendous progress being made in decentralized finance (DeFi), we're still only beginning to explore this space. I liken it to what it was like when the iPhone was released, and there were a lot of creative ideas around mobile devices.