CEO Jeremy Allaire and Circle Executives Promote USDC’s Role in Asia’s Thriving Fintech Ecosystem
Circle, a leading digital currency company, is on a mission to strengthen the role of the US dollar in Asia through its stablecoin, USDC. Recognizing the dollar’s significance in APAC’s trade invoicing, Circle aims to combine the dollar’s liquidity and stability with the power of the internet, enabling it to move swiftly and seamlessly. As a fully-backed, transparent, and regulated payment stablecoin, USDC has the potential to become a pillar of APAC’s thriving web and fintech ecosystem.
CEO Jeremy Allaire, COO Elisabeth Carpenter, and CTO Li Fan embarked on a multi-week tour across APAC to share their vision and advocate for the adoption of USDC. Their journey commenced with a prominent presence at the World Economic Forum’s Annual Meeting of the New Champions, known as “Summer Davos,” in Tianjin, China. Jeremy served as a Co-Chair of this esteemed gathering, using the platform to express his optimistic views on entrepreneurship as a driving force for global economic renewal.
During the event, Jeremy participated as a featured speaker in a discussion titled “Paying, Frictionless.” He emphasized how open internet infrastructures can unlock new economic opportunities, stating that the future of payments lies in instant, global, frictionless, and interoperable transactions. Elisabeth Carpenter also left a notable impression, contributing an article on risk management as the key to responsible innovation and speaking on a panel about responsible disruption.
Elisabeth emphasized the importance of linking innovations directly to solving real-world problems, stating that Circle is focused on revolutionizing cross-border payments, reducing remittance costs, and facilitating traceable humanitarian aid. Circle’s executives engaged in conversations with numerous influential figures, including high-ranking business executives, government officials, and nonprofit leaders. Their journey continued in Kyoto, Japan, where Jeremy delivered a keynote fireside chat at the IVS Crypto conference, highlighting the immense opportunities arising from rebuilding the global financial system using blockchain technology.
The Circle team’s tour will proceed to Taipei and Hong Kong, where they will engage with developers, customers, journalists, and partners. These interactions reflect Circle’s confidence in APAC’s leadership in financial innovation and regulation. Stablecoins, such as USDC, are poised to play a vital role in Asia’s financial infrastructure. Circle envisions USDC as a transformative force that will revolutionize the future of value exchange.
As Circle continues to advocate for its dollar digital infrastructure vision, the company seeks to foster collaboration, promote innovation, and drive the widespread adoption of USDC. By combining the strength of the US dollar with the efficiency of the internet, Circle aims to reshape the landscape of finance, offering frictionless and inclusive financial services to individuals and businesses throughout the Asia-Pacific region and beyond.
