ChainCatcher news, according to FOX Business, as the first-ever White House crypto summit is set to take place later this week, investors are paying attention to any policy developments regarding cryptocurrency reserves. Circle co-founder and CEO Jeremy Allaire is confident about the future of digital currency, believing it will become a "superpower" and have a "profound" impact."USD stablecoins can expand America's influence globally," Jeremy Allaire stated. "We have digitized everything: digital media, digital communication, software information, and all this digitization allows information and communication to flow freely around the world. But in the realm of currency, we have not achieved that yet. Digital currency provides us with a whole new way, and the impact on America, small businesses, and ordinary families will be profound," he continued.

ChainCatcher news, according to CoinDesk, stablecoin issuer Circle co-founder and CEO Jeremy Allaire stated that digital token issuers pegged to the dollar should register to operate in the United States.It is reported that in February this year, Republican Senator Bill Hagerty proposed a bill aimed at establishing a regulatory framework for U.S.-backed stablecoins.Jeremy Allaire explained in an interview with Bloomberg, "Operating a dollar stablecoin should not be a free pass. Whether it's an offshore company or one headquartered elsewhere, if you want to offer a dollar stablecoin in the U.S., you need to register in the U.S., just like we have to register elsewhere."

ChainCatcher news, according to the New York Post, the potential candidates for the Trump administration's digital asset market working group have been revealed. These industry executives include former Kraken General Counsel Marco Santori, Ripple co-founder Brad Garlinghouse, podcast host Frank Chaparro, Circle CEO Jeremy Allaire, Coinbase CEO Brian Armstrong, and Crypto.com CEO Kris Marszalek.This list does not include all individuals; the potential candidates for the advisory committee are selected based on industry experience.

ChainCatcher news, Circle CEO Jeremy Allaire stated on social media: "The U.S. government needs a programmable digital dollar and smart contracts."

ChainCatcher news, according to Bloomberg, Circle CEO Jeremy Allaire stated that stablecoin regulation is a top priority and expects to see an executive order on cryptocurrency soon.He also mentioned that Mark Uyeda being selected as the SEC acting chairman is an excellent choice.

ChainCatcher news, according to Reuters, Circle CEO Jeremy Allaire stated in an interview at the World Economic Forum in Davos, Switzerland, that U.S. President Trump may soon sign an executive order making it easier for banks to hold digital assets. He expects the order supporting cryptocurrency from Trump to be released "soon," but did not specify a timeline.Allaire specifically highlighted the SEC's Staff Accounting Bulletin (SAB 121), a controversial framework that prevents financial institutions from holding cryptocurrencies on their balance sheets.Although Congress voted to overturn SAB 121, the resolution was later vetoed by Biden. At that time, Biden stated, "My administration will not support measures that jeopardize the welfare of consumers and investors."Allaire and other cryptocurrency executives believe that SAB 121 is not aimed at protecting investors, but rather at hindering the adoption of new technologies. "SAB 121 effectively imposes punitive measures on banks, financial institutions, and companies, even prohibiting them from holding crypto assets on their balance sheets," Allaire said, adding, "I think this is something that needs to be closely monitored in terms of (the executive order)."

ChainCatcher news, stablecoin issuer Circle's CEO Jeremy Allaire recently participated in a 40-minute interview, where he disclosed that the dominance of the US dollar stablecoin in the market is a continuation of the global financial system. Most international trade, transactions, and financial products are priced in US dollars, so the demand for stablecoins naturally centers around the US dollar. Additionally, regional stablecoins like the euro and yen will gradually grow in adoption in their local markets, with Euro Coin becoming the largest euro stablecoin in the market.Jeremy Allaire also stated that Hong Kong has become a core area for Circle's business development. As an important hub for global trade and capital flow, Hong Kong will assist Circle in expanding its business in the Asian market. Currently, Circle is establishing currency exchange services in Hong Kong to facilitate local users in creating and exchanging USDC at any time.

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire stated in an interview that cryptocurrency will never go backward and will become a ubiquitous infrastructure around the world, just like the internet did, with the infrastructure expanding everywhere since 2004.

ChainCatcher news, Circle founder and CEO Jeremy Allaire recently responded to a user on X, stating: "Many people do not realize that cryptocurrencies actually represent infrastructure improvements in security, user control, and accountability. Discussions often focus on 'better, faster, cheaper,' but the underlying technological breakthroughs are related to security and robustness in many ways. Most regulators have also failed to understand this."

ChainCatcher news, according to Bloomberg, USDC issuer Circle CEO Jeremy Allaire recently stated in an interview that the company has been eager to go public for years, and this vision has not changed. He also mentioned that the company does not need to raise funds from private markets. Allaire said, "We are very committed to the path of going public, and we can become a truly interesting company in the public market."Circle's journey to going public has been fraught with challenges. Earlier this year, Circle chose a more traditional route and secretly submitted an IPO registration draft to the U.S. SEC in January. For the nine and a half months since the IPO registration draft was submitted, Allaire has declined to comment on any interactions the company has had with the SEC or other regulatory bodies, during which time the U.S. government has conducted a massive crackdown on companies in the cryptocurrency industry.This year, Circle has been increasing its staffing in anticipation of going public, with the hiring spree fueled by optimistic sentiment regarding regulation, as Washington lawmakers may ultimately provide some regulatory framework for the industry in the form of a stablecoin bill. Allaire stated that there is strong optimism that stablecoin legislation could be passed after the November elections, and the new regulatory measures will reassure more traditional financial participants (including banks, asset management companies, and payment companies) to enter the crypto asset ecosystem.

ChainCatcher news, according to CoinDesk, Circle CEO Jeremy Allaire stated in an interview that the stablecoin market could grow to between $5 trillion and $10 trillion over the next decade, accounting for 5% to 10% of the global money supply. Allaire expects that 2025 will be a pivotal year for stablecoin regulation, with relevant regulations anticipated to be introduced by G20 countries and many emerging markets by the end of 2025. He emphasized that stablecoin legislation enjoys bipartisan support in the U.S., and the payment stablecoin bill is at a very advanced stage.The USDC issued by Circle is the second-largest stablecoin by market capitalization, currently valued at $35 billion. Allaire noted that while USDC is popular in developed markets, it is also showing significant growth in emerging markets such as Latin America and Southeast Asia, particularly among fintech companies serving local businesses and households.He illustrated the use of USDC in cross-border payments and currency exchanges, such as local forex brokers using USDC to settle transactions between small and medium-sized enterprises, and facilitating hundreds of millions of dollars in energy orders between Middle Eastern suppliers and African buyers. Allaire stated, "We are in the early stages of stablecoin adoption, but in the next 10 to 20 years, this technology will become part of the global financial system."

ChainCatcher news, stablecoin issuer Circle CEO Jeremy Allaire posted on the X platform that the trend is your friend, and the market has not yet reached the "peak of stablecoins"; we are just crossing the chasm.

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire posted on the X platform that Circle announced today in Singapore the launch of USDC & CCTP on the Sui Network. The USDC Sui Testnet is now live, and it's great to see developers showing tremendous enthusiasm at today's development meeting.

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire stated on the X platform that all forms of credit will be on-chain in the future.

ChainCatcher news, according to Decrypt, after Apple decided to open up the NFC payment functionality of the iPhone to third-party developers, Circle CEO Jeremy Allaire predicted that the Tap-to-Pay feature using Circle's stablecoin USDC on the iPhone will "arrive soon."However, he later clarified that Circle has no relationship with Apple and is not related to Apple Pay, explaining that Apple's move to open up NFC will allow Web3 and crypto wallets to "call NFC for transactions."

ChainCatcher news, Circle CEO Jeremy Allaire stated in an interview with CNBC that U.S. Vice President Kamala Harris's presidential campaign team is actively engaging with the cryptocurrency industry to gain a deeper understanding of relevant policies.Allaire said, "Both the government and Harris's campaign team are working to understand the issues, participants, policies, and more in this industry."The two candidates are expected to discuss their economic policies, including their stance on digital assets, in the televised debate on September 10.

ChainCatcher news, according to CoinDesk, Circle CEO Jeremy Allaire stated in an interview with CNBC that cryptocurrency is already a "purple" issue, or a bipartisan concern, but more action is needed to solidify this status; otherwise, the U.S. will miss the opportunity to lead in this field.Jeremy Allaire mentioned that Trump himself may not have a deep understanding of cryptocurrency issues, but the people and advisors around him have a fairly profound insight into the relevant matters. Furthermore, although the crypto community speculates that Trump might support some bold initiatives, such as making Bitcoin a national reserve currency for the U.S., Jeremy Allaire seems skeptical about the likelihood of Trump committing to these ideas.

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire posted on X: "I am as bullish (on the crypto industry) as I was six weeks ago. Focus on technology, industry, and adoption. Don't pay attention to the prices of digital goods in the face of global macro fluctuations, unless you're just here to trade."

ChainCatcher news, Circle co-founder and CEO Jeremy Allaire expressed concerns about the requirements for stablecoin companies' reserves in MiCA, stating: "Companies in our industry struggle to maintain stable relationships with banks, and MiCA actually introduces a lot of banking risks."It is reported that MiCA requires companies issuing stablecoins pegged to fiat currencies to hold 30% of their cash reserves in multiple EU bank accounts, with this ratio rising to as much as 60% for significant electronic money tokens. Some experts speculate that MiCA II regulations will follow and update the current legislation, adding more provisions regarding decentralized finance.