Developers Eye the Next Big Leap in Digital Finance
Stablecoins are nearing a turning point in global finance, according to the CEO of Circle, the issuer of USDC. Comparing the potential of programmable digital dollars to the revolutionary launch of Apple’s iPhone, the CEO believes that a wave of mass developer adoption is just around the corner.
“We are not quite at the iPhone moment yet… but soon,” the CEO shared in a recent post, describing stablecoins as “the highest utility form of money ever created.”
This bold vision reflects a growing sentiment that stablecoins will be central to the next era of global digital payments, especially as developers begin unlocking new fintech opportunities around them.
Big Tech and Retail Are Entering the Arena
Retail giants like Amazon and Walmart are now exploring US dollar-backed stablecoins, according to reports, signaling that traditional companies are preparing to bring blockchain-based payments to their massive customer bases.
Shopify has also confirmed its intention to integrate USDC for payments by late 2025, further bridging e-commerce and stablecoin utility.
Industry experts argue that stablecoins reduce the cost of building financial apps, promoting greater competition and accessibility. “Now anyone can program money,” said one crypto investor. The result? Lower costs, better financial services, and broader global inclusion.
Transaction Volume Outpaces Legacy Systems
Backing up the enthusiasm is raw data: Stablecoins recorded over $33 trillion in transaction volume over the past 12 months, according to blockchain researchers.
To put that into perspective:
- Nearly 20x more volume than PayPal
- 3x more than Visa
- Quickly approaching ACH network volumes
This explosive growth in usage is a strong indicator that stablecoins are more than just a crypto trend—they’re a new financial backbone in the making.
Circle Goes Public, Tether Opts Out
Circle made headlines recently with its New York Stock Exchange debut, soaring 167% in its first session. But its biggest rival, Tether, has no plans to go public, with its CEO affirming a preference for private operations.