America's first digital currency is a 'technology superpower' dollar with 'profound' impact, CEO signals

Published On Mar 4, 2025, 10:02 AM

The CEO of Circle, Jeremy Allaire, highlighted America's first digital dollar, asserting it enhances the U.S.'s role in the global economy. He noted that the digital dollar has grown significantly, with transactions totaling over $1 trillion monthly. This digital currency is claimed to be fully backed and primarily influences small businesses and households. Its development coincides with a White House crypto summit, indicating heightened governmental interest in digital currencies.