Circle CEO: Dollar stablecoins can expand America's influence globally

2025-03-05 13:20:45

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ChainCatcher news, according to FOX Business, as the first-ever White House crypto summit is set to take place later this week, investors are paying attention to any policy developments regarding cryptocurrency reserves. Circle co-founder and CEO Jeremy Allaire is confident about the future of digital currency, believing it will become a "superpower" and have a "profound" impact.

"USD stablecoins can expand America's influence globally," Jeremy Allaire stated. "We have digitized everything: digital media, digital communication, software information, and all this digitization allows information and communication to flow freely around the world. But in the realm of currency, we have not achieved that yet. Digital currency provides us with a whole new way, and the impact on America, small businesses, and ordinary families will be profound," he continued.

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