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While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t far off.
“We are not quite yet at the iPhone moment when developers everywhere realize the power and opportunity of programmable digital dollars on the internet in the same way they saw the unlock of programmable mobile devices. Soon,” Allaire said in a post on Saturday.
“The highest utility form of money ever created,” he added.
Retail giants are eyeing stablecoins
Allaire’s comments came in response to a16z Crypto partner Sam Broner, who said in a post on the same day that “stablecoins are better because they encourage competition.”
“Now anyone can program money – the fixed and marginal costs of…more
Source cointelegraph.com
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