Circle CEO says blockchain industry is transitioning from dial-up to broadban...

Circle CEO says blockchain industry is transitioning from dial-up to broadban...

Allaire believes that privacy and identity are two fundamental pillars of a new Web3. 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:“It is an architecture that the internet was founded on many decades ago — this idea of open networks, of open standards and protocols, of connecting entities, devices and people in interoperable ways, of a globally intertwined world of decentralized....


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