At the 2024 World Economic Forum in Davos, Circle, the issuer of the USDC stablecoin, highlighted the maturation of the internet financial system from a technological novelty to a foundational societal utility, mirroring the evolution of the internet itself. Circle's leadership, including Chief Strategy Officer Dante Disparte and CEO Jeremy Allaire, emphasized the growing seamlessness of digital asset use, likening it to the simplicity of email and web browsers for the general public. They foresee stablecoins, particularly USDC, as the "killer app" of blockchain technology due to their ability to harness the US dollar's stability with the internet's benefits, such as programmability and low-cost transactions. This development is supported by the increasing convergence of stablecoin infrastructure with traditional financial systems, and Circle is poised to lead this charge, focusing on the frictionless exchange of value globally amidst anticipated regulatory advances in 2024.