Jeremy Allaire - Mainstream Adoption of Stablecoin Payments Has Arrived - TOKEN2049 Dubai 2025
In this compelling talk at TOKEN2049 Dubai 2025, Jeremy Allaire, co-founder of Circle, discusses the transformative wave of stablecoin payments entering mainstream adoption. Allaire delves into Circle's pioneering journey since 2013, tracing the evolution from initial concepts to significant milestones like the launch of USDC in 2018, which has become one of the fastest-growing stablecoins worldwide.
Allaire elaborates on Circle's foundational belief in the potential of a fully reserve-backed digital dollar on open, permissionless blockchain networks. By highlighting the rapid growth and integration of stablecoins into global financial systems, he emphasizes the extraordinary market opportunity, underscoring Citibank's forecasts projecting stablecoin circulation to reach up to $3.5 trillion by 2030.
A key highlight of the talk is the recent introduction of Circle Payments Network (CPN). This groundbreaking onchain payments network seeks to revolutionize global money movement by leveraging stablecoin infrastructure for enhanced efficiency and scalability. Enhanced by programmability, CPN addresses the intricacies of cross-border payments through an open, extensible platform that allows for participation and development across financial intermediaries.
Allaire invites financial industry stakeholders to explore the vast prospects of stablecoin payments, emphasizing the utility, extensibility, and economic potential CPN offers. This insightful session outlines not only the current progression towards regulatory clarity and mainstream acceptance but also envisions a future where digital currencies and blockchain technologies seamlessly integrate into the financial fabric of the global economy.
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