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Circle CEO Claims 'Explosive' Stablecoin Demand From Everyday Businesses

Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO said.

By Nikhilesh De

Updated Apr 10, 2024, 2:02 a.m. Published Apr 17, 2020, 2:35 a.m.

MOMS AND POPS? "There is more and more demand for USDC from SMEs seeking both the safety and utility of digital dollars," says Circle CEO Jeremy Allaire. (Credit: Circle)