According to ChainCatcher, Circle co-founder and CEO Jeremy Allaire stated that stablecoins may be the most practical form of currency in history, but the industry has yet to experience a key moment similar to the 'iPhone moment.'

He pointed out that once the stablecoin industry enters this stage, developers will be able to unlock programmable digital dollars, which will unleash tremendous potential on the internet and bring widespread opportunities. He believes this era may not be far off.