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Benzinga
Benzinga
Business
Aaron Bry

How Circle And Jeremy Allaire Are Shaping The Future of Currency With USDC

Cryptocurrency has taken the world by storm and by many accounts, “gone mainstream.” There are plenty of use cases for digital currency in the modern world: easy international transfers without having to worry about forex exchanges, private transactions, and more.

But one thing that has held crypto back from becoming an everyday currency is its inherent volatility. While currencies such as the U.S. dollar and the Japanese yen fluctuate, they don't do it nearly as much as cryptocurrencies. Even for the bigger and “safer” cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), it is not unusual to see 3% to 4% price movements on a day-to-day basis.

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