In a rapidly evolving financial landscape, the concept of a digital dollar has captured the attention of policymakers, economists, and industry leaders alike.
Jeremy Allaire, CEO, Chairman, and co-founder of Circle—a financial technology firm behind the USD Coin (USDC)—recently described America’s first digital currency as a “technology superpower” dollar with the potential for “profound” impact.
His remarks, made during an appearance on Fox Business‘s “Mornings with Maria” on March 4, 2025, underscore a growing belief that digital currencies could redefine the U.S.’s role in the global economy.
Allaire’s optimism centers on USDC, a stablecoin pegged to the U.S. dollar, which has experienced remarkable growth.
According to Fox Business, USDC has seen a 100% increase in circulation over the past 12 months, facilitating trillions of dollars in transactions. […]
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