From Cointelegraph

June 15, 2025 2:13 AM:

Stablecoin issuer Circle CEO Jeremy Allaire predicts a breakthrough moment for developers utilizing programmable digital dollars, comparing it to the iPhone revolution. Retail giants Walmart and Amazon are considering launching their own US dollar-backed stablecoins, while Shopify plans to integrate Circle’s USDC stablecoin. A16z Crypto data scientist Daren Matsuoka sees stablecoins as a gateway to onboard a billion people into crypto, citing stablecoin transaction volume nearly 20X that of PayPal over the past year. Circle’s recent debut on the New York Stock Exchange saw shares climb 167%, but Tether has no plans to follow suit, with CEO Paolo Ardoino expressing disinterest in going public.

Read more at Cointelegraph: Stablecoins Are Approaching Their ‘iPhone Moment’: Circle CEO