COINOTAG news reported on September 18 that Jeremy Allaire, co-founder and CEO of Circle, participated in a significant roundtable discussion titled “The Next 3 Years in Crypto” during the first day of TOKEN2049. He highlighted that in the initial vision (1.0 version) of Circle, the objective was to create a global ecosystem for storing and transferring value with zero marginal cost. According to Allaire, current progress suggests user experiences in trading on these media will soon match the simplicity and seamlessness of major Internet software tools. Although not fully achieved, substantial advancements in related practical tools are expected in the coming year.

Allaire foresaw that reaching this vision would significantly enhance the speed of currency circulation and positively impact the real economy. High-speed currency circulation would notably amplify individuals’ capability to derive economic benefits. Despite substantial progress in decentralized finance (DeFi), he emphasized that we are still in the nascent stages of exploring this domain. Allaire likened the current situation to the early days following the iPhone’s release, a period brimming with innovation around mobile devices.

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