Sep 16, 06:32 PM

Circle's USDC Issuer Predicts Stablecoins Will Become Mainstream: Dante Disparte

Circle, the issuer of USDC, predicts that stablecoins will become a mainstream payment method, urging for globally harmonized regulations. Dante Disparte, Circle’s Chief Strategy Officer, expressed confidence that stablecoins would be crucial for the internet age. Ethereum has seen nearly $1.5 trillion in stablecoin transactions in just 45 days, despite a bear market. Stablecoins like USDT, USDC, and DAI are held in 8.7 million wallets, representing 97.1% of all stablecoin holdings. The world's total stablecoin supply is expected to exceed its all-time high of $166 billion soon. There is also a significant rise in stablecoin education, particularly in emerging markets.