Circle CEO: aiming to enter around 40 new markets—Southeast Asia, Latin America, Africa, and the Middle East need digital dollars.
At the IMF/World Bank meetings in Bangkok, Allaire said the goal was to “move from early adoption to mainstream expansion.” $USDC Q2 circulation was about $73.3 billion, up around 19% year over year, with roughly 25% market share (compared with about 60% for USDT). There’s also the roughly $400 million acquisition of Tazapay and Binance’s roughly $100 million strategic investment.
Reading this in Singapore at night: the stablecoin war is about payment networks, not slogans. A 985 graduate waiting to break even cares about whether you can actually convert to local currency in the countries where it launches.
Would you use it?
Reply 1: Yes, emerging markets need digital dollars
Reply 2: No, local currencies are still more reliable
Reply 3: I’ll wait and see—first, let’s see the licenses and redemption options
$USDC #币安广场 #稳定币 #Circle
At the IMF/World Bank meetings in Bangkok, Allaire said the goal was to “move from early adoption to mainstream expansion.” $USDC Q2 circulation was about $73.3 billion, up around 19% year over year, with roughly 25% market share (compared with about 60% for USDT). There’s also the roughly $400 million acquisition of Tazapay and Binance’s roughly $100 million strategic investment.
Reading this in Singapore at night: the stablecoin war is about payment networks, not slogans. A 985 graduate waiting to break even cares about whether you can actually convert to local currency in the countries where it launches.
Would you use it?
Reply 1: Yes, emerging markets need digital dollars
Reply 2: No, local currencies are still more reliable
Reply 3: I’ll wait and see—first, let’s see the licenses and redemption options
$USDC #币安广场 #稳定币 #Circle