TechFlow News, January 23: According to Financefeeds, Circle CEO Jeremy Allaire announced at the World Economic Forum in Davos that adoption of payment stablecoins has reached “critical velocity,” fundamentally reshaping the global financial architecture. Allaire emphasized that the U.S. GENIUS Act, passed last year, provides a clear regulatory framework for institutional deployment of digital dollars, marking the end of the “pilot phase.”
Allaire forecasts the industry will sustain a long-term compound annual growth rate of approximately 40%. He noted that artificial intelligence and emerging markets will serve as dual engines driving stablecoin growth: AI agents require programmable payment systems, while small businesses in Africa and Southeast Asia are increasingly using USDC to hedge against local currency inflation.
Allaire also dismissed banking sector concerns that stablecoins could trigger deposit outflows, arguing that the stablecoin “one-to-one” reserve model is inherently safer and more transparent.
