📱 Stablecoins to Go Mainstream Like iPhone in 2007!
– Says Circle CEO Jeremy Allaire
🚀 Circle's CEO believes stablecoins are on the edge of mass adoption — just like when the iPhone changed everything in 2007.
💬 He called stablecoins "the highest utility form of money ever created" and believes the big boom is coming soon!
🛍️ Big Retailers Jumping In!
🔹 Walmart & Amazon are exploring their own dollar-backed stablecoins
🔹 Shopify 🤝 Coinbase launching USDC payments — early access started June 13
🔹 Shopify CEO: “Stablecoins are the future of internet payments”
📊 $33 TRILLION in stablecoin transactions last year — that's:
➡️ 20x PayPal
➡️ 3x Visa
📈 Circle Stock Soars!
Circle went public on NYSE on June 5
📊 Shares surged 167% on first trading day!
🏛️ GENIUS Act Update:
– US Senate moved the bill forward (68–30 vote)
– Aims to regulate and support stablecoins in the US 🇺🇸
– Could boost adoption by banks & big firms
🏦 Rumors: JPMorgan, Bank of America & others may launch a joint stablecoin soon
🔮 Allaire says the stablecoin “iPhone moment” is coming fast!
#stablecoin #USDC #USDT #CryptoNews