Messari’s Unqualified Opinions
Technology
USDC, backed by Circle and Coinbase’s Centre Consortium has emerged as the dominant “regulated” stablecoin. In this conversation, Circle CEO Jeremy Allaire provides some context around the evolution of USDC as well as where he sees it fitting within the broader macro landscape. He details how the next phase for USDC is to move beyond its use in crypto capital markets and into payments and settlements while drawing comparisons to how Visa and Mastercard developed interoperable standards ultimately adopted by businesses, consumers and governments alike.
You can read more about USDC and Centre here https://blog.circle.com/2019/12/17/circle-organizes-for-stablecoin-platform/
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