Circle CEO: Stablecoins may account for 10% of the "global economic currency" in the next decade or so

ChainCatcher news, stablecoin issuer Circle CEO Jeremy Allaire stated that stablecoins could account for "10% of the global economic currency" in the next decade or longer.

Allaire explained: "As the benefits of public chains and stablecoins become increasingly apparent, most of the world's largest payment companies are actively using this technology and exploring how to expand its use. Stablecoins are becoming an increasingly accepted form of digital currency, and by the end of 2025, stablecoins will hold an 'increasingly larger share' of the global $100 trillion electronic currency market, a goal that is achievable in the next decade or so."