Jeremy Allaire, CEO of Circle Internet Group, Inc. (NYSE:CRCL), is offering a compelling vision for the future of digital finance and the role of stablecoins in the global economy.
The Details: In an appearance on CNBC’s “Money Movers” on Monday, Allaire highlighted that stablecoins, such as Circle’s USDC (CRYPTO: USDC), are rapidly gaining traction as a preferred medium for both retail and institutional transactions.
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The Circle CEO described stablecoins as a “major upgrade” to the financial system, highlighting their ability to facilitate instant, low-cost and borderless …