Circle CEO Jeremy Allaire said the global stablecoin market is expected to grow about 40% annually. He noted rapid adoption within the global banking system, with USDC trading volumes rising steadily around major banks and payment networks. Speaking at the World Economic Forum in Davos, Allaire emphasized that stablecoins are no longer experimental but are becoming part of real financial infrastructure.
Allaire added that, in the mid- to long term, participation from banks, payment companies, and fintechs will broaden the stablecoin ecosystem’s role within the financial system. The remarks underscore the ongoing integration of stablecoins into mainstream finance as digital payments infrastructure expands.
The remarks underscore the ongoing maturation of stablecoins as essential financial infrastructure. As digital payments networks expand, banks, payment firms, and fintechs are expected to drive broader participation in the stablecoin ecosystem.
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