{"id":600831,"date":"2023-01-24T18:52:44","date_gmt":"2023-01-25T00:52:44","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/24\/circle-says-usdc-is-a-dollar-with-super-powers-at-wef-pushes-for-more-inclusion\/"},"modified":"2023-01-24T18:52:44","modified_gmt":"2023-01-25T00:52:44","slug":"circle-says-usdc-is-a-dollar-with-super-powers-at-wef-pushes-for-more-inclusion","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/24\/circle-says-usdc-is-a-dollar-with-super-powers-at-wef-pushes-for-more-inclusion\/","title":{"rendered":"Circle says USDC \u2018is a dollar with super powers\u2019 at WEF, pushes for more inclusion"},"content":{"rendered":"<div id=\"main\">\n<p><img decoding=\"async\" alt=\"Circle says USDC \u2018is a dollar with super powers\u2019 at WEF, pushes for more inclusion\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/image_2023-01-24_191415196.png&#038;w=70&#038;h=37&#038;q=75\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/image_2023-01-24_191415196.png&#038;w=105&#038;h=55&#038;q=75 1.5x, https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/image_2023-01-24_191415196.png&#038;w=140&#038;h=74&#038;q=75 2x\"> <span>Circle says USDC \u2018is a dollar with super powers\u2019 at WEF, pushes for more inclusion<\/span> <span> <span> <span>Zeynep Geylan \u00b7<\/span> <span>10 hours ago<\/span> <span>\u00b7 <span> 1 min read<\/span> <\/span> <\/span> <\/span> <span><\/span><\/p>\n<div>\n<div>\n<p>Circle spoke to over a dozen leaders in the World Economic Forum to &#8220;reset the crypto narrative with an emphasis on inclusive growth.&#8221;<\/p>\n<div>\n<div>\n<p><a href=\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\" title=\"Zeynep Geylan Profile\"> <img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\" height=\"80\" width=\"80\"> <\/a><\/p>\n<\/div>\n<div>\n<p><span> 1 min read<\/span><\/p>\n<p><span>Updated:<\/span> January 24, 2023 <span>at 2:14 pm<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<p><img decoding=\"async\" alt=\"Circle says USDC \u2018is a dollar with super powers\u2019 at WEF, pushes for more inclusion\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/image_2023-01-24_191415196.png&#038;w=600&#038;h=315&#038;q=75\" ><\/p>\n<p>Cover art\/illustration via CryptoSlate<\/p>\n<\/div>\n<\/div>\n<div data-title=\"Circle says USDC \u2018is a dollar with super powers\u2019 at WEF, pushes for more inclusion\" data-url=\"https:\/\/cryptoslate.com\/circle-says-usdc-is-a-dollar-with-super-powers-at-wef-pushes-for-more-inclusion\/\" data-id=\"291817\">\n<p>USD Coin (<a href=\"https:\/\/cryptoslate.com\/coins\/usd-coin\/\">USDC<\/a>) founder <a href=\"https:\/\/cryptoslate.com\/companies\/circle\/\">Circle<\/a> <a href=\"https:\/\/www.circle.com\/blog\/at-davos-circle-put-mission-front-and-center\">attended<\/a> the <a href=\"https:\/\/www.weforum.org\/agenda\/2022\/11\/annual-meeting-davos-2023\/?DAG=3\">World Economic Forum<\/a> (WEF) to explain \u201cwhy USDC is a dollar with super powers.\u201d<\/p>\n<p>The WEF took place between Jan. 16 and Jan. 20, 2023, in Davos and hosted over 1,500 industry leaders as well as government representatives from around the globe.<\/p>\n<p>According to Circle\u2019s announcement, the event had primary importance for the company. Circle stated that they utilized the WEF platform to:<\/p>\n<blockquote>\n<p>\u201c\u2026reset the crypto narrative with an emphasis on inclusive growth, sustainability and use cases rooted in the utility value of USDC and blockchain technology. \u201c<\/p>\n<\/blockquote>\n<p>Circle hosted over a dozen conversations with the participants of the WEF, where it summarized the evolution of money and the regulatory approaches to crypto that promotes responsible innovation.<\/p>\n<p>Circle said it also emphasized its vision that the \u201cfuture of money should include everyone.\u201d<\/p>\n<h2>Growing USDC<\/h2>\n<p>According to Circle\u2019s \u201cState of the USDC Economy\u201d <a href=\"https:\/\/www.circle.com\/hubfs\/PDFs\/2301StateofUSDCEconomy_Web.pdf?hsCtaTracking=4baaa56e-c84f-4e02-990b-3ba7994812ec%7C01d5168e-a22d-4138-91db-50cf8d657299\">report<\/a> published on Jan. 17, USDC in circulation grew from zero to $45 billion in four years. It is the native currency of eight blockchains, supported by wallets from 190 different countries, and has over 200 integrated protocols.<\/p>\n<p>Almost a year ago, in February 2022, USDC <a href=\"https:\/\/cryptoslate.com\/circles-usd-coin-is-silently-closing-the-gap-to-tether\/\">started<\/a> to grow its share in the stablecoin market and started to challenge Tether\u2019s (<a href=\"https:\/\/cryptoslate.com\/coins\/tether\/\">USDT<\/a>) dominance. USDC continued to grow its presence amongst stablecoins despite the bear market, According to <em>CryptoSlate<\/em> <a href=\"https:\/\/cryptoslate.com\/research-usdc-adoption-grows-post-ftx-collapse-usdt-remains-flat\/\">research<\/a> from Jan. 10, 2023. Based on the data from Jan. 10, USDC currently holds more transfer volume, while USDT remains to be the largest stablecoin in the market.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/cryptoslate.com\/circle-says-usdc-is-a-dollar-with-super-powers-at-wef-pushes-for-more-inclusion\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Zeynep Geylan<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle says USDC \u2018is a dollar with super powers\u2019 at WEF, pushes for more inclusion Zeynep Geylan \u00b7 10 hours ago \u00b7 1 min read Circle spoke to over a dozen leaders in the World Economic Forum to &#8220;reset the crypto narrative with an emphasis on inclusive growth.&#8221; 1 min readUpdated: January 24, 2023 at<\/p>\n","protected":false},"author":1,"featured_media":600832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95445,29261],"tags":[],"class_list":{"0":"post-600831","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-is","8":"category-circle"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=600831"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/600832"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=600831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=600831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=600831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}