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.
"This allows the U.S. to project and export digital dollars all around the world. We're in a competitive race with China," Circle’s CEO said. "We're trying to find what economic system is going to win, what currency system is going to win."
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"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.
"This allows the U.S. to project and export digital dollars all around the world. We're in a competitive race with China," Circle’s CEO said. "We're trying to find what economic system is going to win, what currency system is going to win."
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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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