BlockBeats News, July 1st, Circle Co-founder and CEO Jeremy Allaire stated that as the Internet continues to reshape the global infrastructure for storing and moving money, stablecoins will become one of the world's largest market opportunities. This is also the core reason why Circle was founded and has been actively building the world's largest compliant stablecoin network.

Allaire noted that USDC remains the most trusted, widely adopted, institution-grade stablecoin globally, with thousands of partners across various sectors such as banking, payments, capital markets, and enterprises. Circle will continue to expand the USDC ecosystem, including supporting more blockchain networks, enhancing cross-chain interoperability, and encouraging more partners to join in the economic value sharing of the USDC network.

Furthermore, Allaire mentioned that Circle welcomes ongoing innovation and competition in the stablecoin space. The company will continue to expand support for more USD and non-USD stablecoins through its Arc, CCTP, StableFX, Circle Wallets, and CPN products, aiming to drive the development of an Internet financial system built around stablecoins.