Circle Shares Dollar Digital Infrastructure Vision Across APAC

Circle Internet Financial's executives, including CEO Jeremy Allaire, COO Elisabeth Carpenter, and CTO Li Fan, embarked on a tour across the Asia-Pacific (APAC) region to advocate for digital dollars and the role of stablecoins like USDC in transforming the region's financial infrastructure. With the US dollar historically making up a significant portion of trade invoicing in APAC, the team emphasized USDC's ability to enhance the dollar's liquidity and stability through internet-enabled mobility and transparency. Allaire, who co-chaired the World Economic Forum's Annual Meeting of the New Champions in China, highlighted the potential of a frictionless, global payment system akin to sending cross-border emails. Carpenter underscored the importance of linking innovation to real-world problem-solving, citing examples like reducing remittance costs and supporting humanitarian aid. The tour continued through key locations like Kyoto, Japan, and plans to proceed to Taipei and Hong Kong, reflecting Circle's belief in APAC's leadership in financial innovation and regulation, while positioning USDC as a transformative element in the future of value exchange.