Circle: Stablecoins Will Become Mainstream Means of Payment
Circle, the issuer of the world’s second-largest stablecoin USDC, is confident that stablecoins will become a mainstream form of money.
To ensure compliance for all payment stablecoin issuers, global regulations should be harmonized.
Dante Disparte, chief strategy officer and head of global policy at Circle, expressed his belief in the widespread adoption of stablecoins as the currency for the modern internet age.
He also noted that many internet payment companies and financial services firms are showing interest in this space, indicating the longevity of stablecoins.
However, Disparte emphasized the importance of implementing consistent rules and regulations globally, particularly in the areas of conservative reserving and financial crime compliance, for any company seeking to issue a payment stablecoin.
