Circle CEO expects US executive orders to boost crypto adoption
Positive change for crypto with incoming Trump orders, he claims.
Circle CEO Jeremy Allaire anticipates ‘imminent’ executive orders from incoming US President Donald Trump that could reshape the financial landscape for cryptocurrency. Allaire, whose company issues the USDC stablecoin, expects these orders to allow banks to trade crypto, offer crypto investments to high-net-worth clients, and even hold digital assets in portfolios.
Trump, who has positioned himself as a ‘crypto president,’ is expected to take action after his inauguration to reduce regulatory barriers for crypto and promote widespread adoption. Allaire pointed to repealing the Securities and Exchange Commission’s Staff…
