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Circle Sees ‘Tremendous Opportunity’ for Collaborations as Stablecoin Adoption Grows
- Circle Internet Group CEO Jeremy Allaire sees opportunities for collaborations as stablecoin adoption grows.
- Circle is looking to partner with major technology firms, payments companies, and financial institutions.
- Circle's shares were up 15% on Friday and 300% since going public last week.
- Stablecoin legislation is moving through the U.S. Congress, with companies like Shopify enabling USDC payments.
- Amazon and Walmart are reportedly considering using stablecoins.
- Stablecoins are becoming a new form of corporate infrastructure.
- Circle partnered with Ripple to bring USDC stablecoin to Ripple's XRP Ledger blockchain.
- USDC integration with XRPL blockchain aims to drive utility and innovation.
- Shopify enables merchants to accept USDC stablecoins for global markets.
- World expands partnership with Circle to offer USDC and CCTP V2 on World Chain.
- Over two million users on World now have native USDC issued by Circle.
- Circle believes the stablecoin economy is as disruptive as the arrival of credit cards.
- The growth of stablecoin adoption presents significant collaboration opportunities.
- Stablecoins are seen as a new form of currency on the internet.
- Circle's aim is to collaborate with a wide range of companies in the stablecoin space.
- The stablecoin economy is rapidly evolving with support from various industries.
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