Circle CEO Jeremy Allaire said the stablecoin market could grow to $5 to $10 trillion within a decade as digital currency adoption continues to grow and become increasingly part of the global financial system.
Allaire said he expects stablecoins to account for 5-10 per cent of the global $100 trillion money supply over the next decade, as the technology will spread in a similar way to Web2 innovations such as online video and online shopping. "We are in the early stages of stablecoin adoption, but in the next decade, two decades, this technology will become part of the global financial system," he said.
Circle CEO: Stablecoins could account for 5% -10% of the global money supply in the next decade
2024-10-24 20:33:52
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