Circle’s CEO, Jeremy Allaire, believes that the United States is on the verge of becoming a global leader in crypto innovation and development.
In a recent thread on X, the co-founder of the USDC stablecoin issuer expressed optimism about the future of the digital assets industry in the US, stating that the government is moving away from hostility towards it.
“Despite criticisms that the US is not conducive to our industry and that the government is unfriendly towards it, I strongly disagree.
I believe we are at a turning point where the US will emerge as the primary force in advancing this technology and financial revolution.”
Allaire points to 2024 as the year when stablecoins gained significant traction, with 2025 expected to see them go mainstream.
He also revealed Circle’s plans to relocate its headquarters to New York, emphasizing his belief that stablecoins will play a crucial role in global economic activities for the next century.
“Our investment in New York and America reflects our confidence in the new internet financial system we are collectively building, which will shape global economic activities for the next hundred years.
2024 marked a turning point for crypto, with stablecoins gaining prominence. 2025 will see them reach mainstream adoption.”
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