Circle predicts 40% stablecoin growth rate as base case, doesn't see banks as rivals

Circle CEO Jeremy Allaire outlined an optimistic vision for the stablecoin industry's future, projecting a compound annual growth rate of 40% as a "reasonable baseline" for the sector over the coming years. source: https://www.fxstreet.com/cryptocurrencies/news/circle-predicts-40-stablecoin-growth-rate-as-base-case-doesnt-see-banks-as-rivals-202601230502