Stablecoin Market Predicted to Grow by 40% Annually, Says Circle CEO

Jeremy Allaire, CEO of Circle, predicts a 40% annual growth rate for the stablecoin market, driven by its integration into the global banking system. According to NS3.AI, Allaire highlighted at the World Economic Forum that stablecoins, such as USDC, are evolving from experimental tools to essential components of financial infrastructure. This transformation is increasing transaction volumes among banks and payment networks, with the expectation that all financial entities will eventually become part of the stablecoin ecosystem.