Circle’s CEO Jeremy Allaire predicts that stablecoins are on the verge of a significant breakthrough. He likens this moment to the iPhone’s impact on technology, emphasizing their ability to transform financial access through programmable digital currencies.
Retail giants including Walmart and Amazon are considering stablecoins backed by the US dollar. Additionally, Shopify plans to integrate Circle’s USDC stablecoin for payments by the end of 2025, highlighting increasing acceptance of stablecoins in mainstream finance.
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