Circle: Stable Coin accounts for 10% of the global Money Supply within ten years, and regulations in various countries will be implemented by the end of next year.

Circle CEO Jeremy Allaire predicts that the Stable Coin market will reach $5 to $10 trillion in the next 10 years, accounting for 5% to 10% of the global Money Supply. He also noted that the world's major financial centers, including G20 members and other emerging markets, will implement Stable Coin regulations by the end of 2025. (Synopsis: The largest acquisition in the history of the coin circle!) Payment giant Stripe smashed 1.1 billion magnesium to buy Stable Coin platform Bridge) (Background supplement: Stable Coin cross-border payment, remittance come true!) New services of Thai Huishang Bank: 24-hour trading in compliance with regulations) As a major successful innovation in the field of cryptocurrency, Stable Coin bridges the gap between TradFi and encryption assets, and has become an important tool in daily economic activities such as payments and remittances with its stable value and real-time settlement capabilities. Especially in countries with weak banking systems and plagued by inflation, such as Argentina and Nigeria, the adoption of Stable Coin is increasing. Stable Coin rises to 10 trillion magnesium in 10 years As demand for Stable Coin continues to rise, many industry insiders are optimistic about the prospects of Stable Coin, and even traditional payment companies have begun to get involved in the Stable Coin business. Jeremy Allaire, CEO of USDC publisher Circle, said in an interview with CoinDesk that the Stable Coin market could rise to $5 trillion to $10 trillion within 10 years as digital goods gain a larger share of the global financial system. Allaire expects that with the popularity of Stable Coin technology (similar to previous web innovations such as video streaming and online shopping), Stable Coin will account for 5% to 10% of the global $100 trillion coin supply over the next decade. Allaire added that we are in the early stages of adopting Stable Coin, but in the next 10, 20 years, the technology will become part of the global financial system. Stable Coin regulations expected by the end of next year Based on this outlook, Allaire said that regulating Stable Coin will be a top priority globally and next year will be key. He said that the Stable Coin legislation has received bipartisan support in the United States, and the country's Payment Stable Coin Act has now progressed to a very mature stage. He further noted: Not just the United States, most major financial centers already have Stable Coin laws that have been developed, are being consulted, or are in the process of being legislated. By the end of 2025, many G20 member countries and other emerging markets will implement Stable Coin-related regulations. The U.S. election may affect Circle's listing time It is worth mentioning that Circle plans to go public before the end of the year. Allaire mentioned in the interview that he is committed to taking the company public regardless of who wins the November election, but he acknowledged that the election results may affect the company's timeline for going public. Allaire said: "Circle is committed to building a highly transparent and compliant financial infrastructure. We believe that becoming a public company will further strengthen this trust and responsibility. USDC adoption in emerging markets According to the latest data from DeFiLlama, USDC Market Cap reached $34 billion, the second largest Stable Coin after USDT, but the gap between the two Market Caps exceeded $86 billion, which is widely believed to be due to the different market strategies of the two. Circle focuses on developed and heavily regulated markets such as the US and EU; Tether is focused on emerging regions where access to the U.S. dollar is restricted. However, Allaire said he has observed significant rise in USDC usage in emerging markets such as Latin America and Southeast Asia, especially among fintech companies that serve local businesses and households. Allaire example: Many local Forex brokers focused on cross-border payments and coin exchange are taking advantage of USDC Settlement's trade between small and medium-sized businesses; USDC facilitated an energy order worth hundreds of millions of dollars between a supplier in the Middle East and an African buyer; Payments giant Stripe returned to the encryption payment space in October this year, naming USDC payments, which open users in more than 150 countries to pay through public chains such as Ethereum, Solana, Polygon and Base. Read more: The biggest acquisition in the history of the coin circle! On the first day of the opening of the Stripe Stable Coin payment service, Jennifer Lee, its product manager, shared on X that users from more than 70 countries have chosen to pay in USDC. She further said: Every week, new companies start using USDC, and they are free to build and use Circle's products without even signing up with us. What we've created is such an open, public infrastructure to power the digital dollar on the web. With the growing adoption of Stable Coin and the gradual implementation of global Stable Coin regulations, Allaire's prediction of the future size of Stable Coin does not seem out of reach. Related reports Waited 6 years! Stripe returns to "cryptocurrency payments" to support USDCStable Coin: Support more than 150 countries You can buy funds with Stable Coin! Hong Kong Victory Securities Establishes "Victory VSG" Virtual Asset Multi-Strategy Fund U.S. Senators Propose New Draft of "Stable Coin Regulation": Improve Financial Transactions, Create New Opportunities for U.S. Bonds, and Cooperate with the Parties to Strive for Legislation Before the End of the Year "Circle: Stable Coin accounts for 10% of the global money supply in ten years, and national regulations will land by the end of next year" This article was first published in BlockTempo Dynamic Trend - The Most Influential Block Chain News Media".