With the first-ever White House crypto summit taking place later this week, investors are watching for any direction on what a cryptocurrency reserve entails.
The chairman, CEO and co-founder of Circle – a financial technology company that manages stablecoin USD Coin (USDC) – is confident that the future of digital currency will be used as a "superpower" with "profound" impact.
"This is a technology superpower dollar that expands the role of the United States around the world," Jeremy Allaire said on "Mornings with Maria," Tuesday.
"We've digitized everything: digital media, digital communications, software information and all of those digitizations allowed information and communications to kind of move globally, freely," he continued.
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The chairman, CEO and co-founder of Circle – a financial technology company that manages stablecoin USD Coin (USDC) – is confident that the future of digital currency will be used as a "superpower" with "profound" impact.
"This is a technology superpower dollar that expands the role of the United States around the world," Jeremy Allaire said on "Mornings with Maria," Tuesday.
"We've digitized everything: digital media, digital communications, software information and all of those digitizations allowed information and communications to kind of move globally, freely," he continued.
More
America's first digital currency is a 'technology superpower' dollar with 'profound' impact, CEO signals
Circle CEO, Chairman and co-founder Jeremy Allaire manages the USD Coin, which has seen 100% growth in 12 months with trillions of dollars in transactions.
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