Stablecoin platform Circle CEO Jeremy Allaire believes that the future of crypto is brighter than ever before in its history.
Allaire tells his 139,900 followers on the social media platform X that the reasons to be bullish on blockchain technology are increasing exponentially.
“I’m more bullish than I have ever been about crypto. I have been building Circle for over 11 years, and at no time have I been more optimistic than right now.”
Allaire believes that crypto is positioned to become the backbone of some of the most important tech applications around the world.
“We are at the early broadband stage of blockchain networks. Guess what comes next? We are seeing breakthroughs in security, privacy and scalability based on ZK (zero-knowledge) tech, and now FHE (Fully Homomorphic Encryption). We can see a world where crypto computing becomes the basis for most significant and important applications.”
He also says that crypto adoption is growing rapidly as new use cases keep rolling out.
“We’re seeing more and more exciting uses of the tech gaining traction every week, from payments to social to gaming to ticketing to enterprise use-cases. I could go on and on and on, but the scale of all of this right now is truly astounding compared to where we were a decade ago. Like prior waves of open internet infrastructure, this wave is growing, and is coming on stronger every day and every week. And, like I said earlier, we’re still in the very early stages in the adoption of crypto. That’s insanely bullish.”
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