Circle CEO: Stablecoins May Be the Most Practical Form of Currency, but the Industry ’s “iPhone Moment” Has Yet to Arrive
Jeremy Allaire, co-founder and CEO of USDC stablecoin issuer Circle, stated on the X platform that stablecoins may be the most practical form of currency ever, but the “iPhone moment” for the stablecoin industry has not yet arrived. However, once the stablecoin market enters the so-called “iPhone era,” developers will be able to unlock programmable digital dollars just as they unlocked programmable mobile devices. At that point, programmable digital dollars will unleash their power and create opportunities on the internet, and this era may be approaching soon.
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