Circle CEO: Stablecoins may be the most practical form of currency, but the key moment has yet to arrive

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire recently posted on the X platform that stablecoins may be the most practical form of currency in history, but the entire industry has yet to reach a critical milestone akin to the "iPhone moment."

He pointed out that once the stablecoin industry enters this phase, developers will be able to unlock programmable digital dollars just like unlocking programmable phones, at which point digital dollars will unleash tremendous potential on the internet and bring widespread opportunities. He believes this era may not be far off.