3 Reasons Circle Internet Group Could Soar in Value by 2030
Circle remains the single-best way to get exposure to the $300 billion stablecoin industry.
Overview
Last year, U.S. Treasury Secretary Scott Bessent predicted that the $300 billion stablecoin industry would become a $3 trillion industry by the year 2030.
And now it's becoming clear why -- this summer has seen an explosion of activity around stablecoins, with each new development adding momentum to an already rapidly growing industry. That's fantastic news for Circle Internet Group (NYSE: CRCL), the issuer of the USDC (CRYPTO: USDC) stablecoin.
Details
On June 30, a broad-based consortium of more than 140 banks, financial institutions, tech companies, fintech companies, and crypto-native companies announced the imminent launch of a new stablecoin known as Open USD.
Source
Originally published at www.fool.com.