Odaily Planet Daily News: Jeremy Allaire, CEO of stablecoin issuer Circle, recently gave a 40 minute interview to foreign media, revealing that the dominance of the US dollar stablecoin market is a continuation of the global financial system. Most international trade, transactions, and financial products are priced in US dollars, and the demand for stablecoins is naturally dominated by US dollars. In addition, the adoption rate of regional stablecoins such as the euro and yen will gradually grow in the local market, with Euro Coin becoming the largest euro stablecoin in the market.
Jeremy Allaire also stated that Hong Kong has become a core business development area for Circle, and as an important hub for global trade and capital flows, Hong Kong will help Circle's business development in the Asian market. Currently, Circle is establishing a currency exchange service in Hong Kong to facilitate local users to create and exchange USDC at any time. （Coindesk）
