Asia is a ‘huge area of focus’ for Circle, especially Hong Kong: CEO Jeremy Allaire
Circle, the issuer of USD Coin (USDC,) is carefully monitoring emerging crypto markets across Asia. There’s “enormous demand” for U.S. dollar-backed stablecoins in emerging markets, and “Asia is really central to that,” CEO Jeremy Allaire told Bloomberg. Therefore, “Asia is a huge area of focus for us,” he said. Specifically, Circle is keeping an eye...