Circle CEO says blockchain industry is transitioning from dial-up to broadband phase

At the Converge22 conference in San Francisco, Jeremy Allaire, CEO of stablecoin issuer Circle, said that the world is finally moving from the speculative value phase of crypto to the utility phase. Drawing parallels to the early days of the internet, he said:

As told by Allaire, there are currently on-chain mechanisms to ensure safe, trustworthy interactions between crypto users. However, there need to be “advancements” in technologies such as zero-knowledge proofs that prove identities and credentials while simultaneously ensuring individuals’ privacy:

We are ready! Investing now in projects like Ethereum but also smth like Inery will boost mass adoption! $INR launched today and its ripping like a dolphin :O

I’m not sure about USDC but Tether will stay for sure.

whyy noone share tthis ttrick

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