Circle CEO Jeremy Allaire, speaking at a WIRED event, detailed his vision for an "economic OS for the internet," positioning the company's $78 billion USDC stablecoin as its foundation. He introduced a new platform named 'Arc' intended to serve as the infrastructure for this new economic system where money is treated as a programmable app platform. Allaire's announcement frames Circle's strategy to become essential infrastructure as AI and other digital systems demand more sophisticated transaction capabilities. He predicts a digital-only economy will dominate the internet's evolution over the next five to ten years. This strategic push comes as a new regulatory framework begins to emerge, positioning Circle to leverage its focus on compliance.
Circle CEO Outlines Vision for an 'Economic OS' to Power Digital Economy
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