Circle CEO Speaks About the Future of Stable Coins
The second largest stablecoin (USDC) issuer after Tether, Circle CEO Jeremy Allaire is following the World Economic Forum held in Davos, Switzerland, on site. Allire spoke about the current state and future of stablecoins at a cryptocurrency program held in Davos.
Allure stated that stablecoins are becoming increasingly popular and accepted all over the world, and that this trade is no longer a “marginal thing” among the public. The Circle CEO thinks that with public acceptance, policymakers in the US and other countries are taking this into account more often. According to Allire, this year, states will focus on stablecoin regulations.
Jeremy Allaire has finally given the green light to the authorities in the US for possible regulation. The CEO stated that he was ready to inform the authorities about the issue by going wherever he was called.