Circle CEO Jeremy Allaire, who attended the World Economic Forum (WEF), touched on Hong Kong’s development and stablecoin.
Jeremy Allaire, CEO of USDC issuer Circle, attended the World Economic Forum. Allaire, who gave a speech here and gave an interview to Bloomberg, touched on the agenda of the crypto ecosystem. Underlining that regulators are focusing on the past on crypto, Allaire stated that he awaits the approval of current Bitcoin ETF applications.
In addition, Allaire pointed out that Hong Kong is making progress in stablecoin and blockchain. Circle CEO underlined that they are watching Hong Kong closely. Another agenda of Allaire was the digital dollar. Circle CEO stated that there is a strong demand for the digital dollar.
Circle CEO Attends World Economic Forum
Jeremy Allaire, CEO of USDC issuer company Circle, attended the World Economic Forum (WEF). Allaire, who made important statements about crypto here, made remarkable statements about stablecoins.
Allaire, referring to the Bitcoin ETFs that started with BlackRock and caused an influx of institutions, thinks that these applications can be approved. Allaire stated that the approach of institutions to crypto will not be hindered.
Allaire also touched on Hong Kong in an interview with Bloomberg. Stating that Hong Kong has started to become a center for digital assets and stablecoins, Allaire gave the message that Circle is closely monitoring this situation. Circle CEO stated that Asia is a huge focus area for USDC.
The most striking statement of Allaire was on the CBDC issue. Allaire said they are seeing tremendous demand for the digital dollar in emerging markets, with Asia becoming the hub.
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