Circle CEO revealed that 3rd-generation chains like Solana are key towards USDC being used for costless payments across a multi-chain environment
On Solana, developers can build fintech products that combine USDC with other financial products such as wallets, cards etc
Circle CEO predicts that 2022 will see USDC based-fintech products expand into e-commerce and consumer payments
In a previous tweet, the CEO highlighted the overall growth of USDC.
In a previous interview, Jeremy announced plans for Circle to become a full reserve national digital currency bank. This move is supported by the proliferation of stablecoins as the financial landscape transforms in light of central bank digital currencies (CBDCs).
Circle is also preparing its public listing via a special purpose acquisition company (SPAC). The company recently revealed its vision of creating a payment infrastructure for a dollar digital currency in the global financial system.
Circle also envisions a lending service based on USDC. As part of that, Allaire has indicated that a fully reserved dollar digital currency is fundamentally held with cash and short-term highly-liquid dollar denominated, treasury instrument enabling lending markets to be built on top of the digital currency itself.