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Circle, a digital asset and internet banking institution, said that platforms powered by blockchain and stablecoins such as $USDC are producing new financial platforms and innovation. Circle shared their statement in a September 6 post on X.
"Developers are using stablecoins like $USDC and blockchain powered platforms to deliver new financial applications and innovations," said . "Hear @jerallaire touch on the utility of digital dollars and more in a recent discussion on the @PompPodcast ."
CEO, co-founder, and Chairman of Circle, Jeremy Allaire, said that he wants "to grow [Circle's] stablecoin network to be the largest and most actively used in the world, and right now there are more on-chain transactions done with USDC than any other stablecoin," according to a post on X. Developers are trending toward blockchain-powered platforms and stablecoins to find innovation and new financial applications.
