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Circle CEO Jeremy Allaire Bets Big On Bitcoin, Stablecoins: 'I'm More Bullish Than I Have Ever Been About Crypto'

Benzinga – Jeremy Allaire, CEO of stablecoin issuer Circle, voiced increased optimism about the current state of cryptocurrencies and expected significant advancements over the next decade.

What Happened: In a long post on X Wednesday, Allaire enthusiastically remarked, “I’m more bullish than I have ever been about crypto.”

The technologist outlined how sentiment around cryptocurrencies, especially Bitcoin (CRYPTO: BTC) drastically changed in the last 10 years. Blockchain technologies, initially dismissed as fringe, illegal, and uninteresting, progressively evolved to give a layer of trust to the otherwise excessively centralized internet.