Lates News

Foresight News message, according to Reuters, Circle CEO Jeremy Allaire said Circle is pushing hard to enter about 40 emerging and developing countries. He said spontaneous demand for stablecoins among individuals and businesses in regions such as Southeast Asia, Latin America, Africa, and the Middle East is rising, and blockchain technology is moving from the early adoption stage to the mainstream scaling stage. Jeremy Allaire also said that the GENIUS Act, which will take effect in January next year, is a watershed moment, when the world will have a legal digital dollar. The report said Circle's global expansion this time is supported by its $400 million acquisition of Tazapay and a $100 million strategic investment from Binance. As of the second quarter of this year, USDC circulation increased 19% year over year to $73.3 billion. Jeremy Allaire also said that machine-to-machine transactions between AI Agents are driving the growth in USDC usage, but the rapid development of AI has also intensified security risks, and financial infrastructure providers are facing increasingly serious threats.