Circle CEO Says Just 30% of USDC Adoption Occurs in US - Decrypt
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Circle CEO Jeremy Allaire said that a whopping 70% of USDC adoption comes from outside the United States. “Strong progress is happening across Asia, LatAm, and Africa,” and that “Demand for safe, transparent digital dollars is strong,” he said. Both USDC and USDT have been vying for the top spot for
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- Circle CEO Jeremy Allaire said that a whopping 70% of USDC adoption comes from outside the United States.
- “Strong progress is happening across Asia, LatAm, and Africa,” and that “Demand for safe, transparent digital dollars is strong,” he said.
- Both USDC and USDT have been vying for the top spot for years, although their competition became even fiercer yesterday when fintech giant PayPal launched its own stablecoin PYUSD.
- USDC has been in freefall in terms of market capitalization, dropping more than 50% over the past year.
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