Circle CEO sees ‘very good chance’ of stablecoin laws this year: Report

Circle CEO Jeremy Allaire said there is now a strong desire from the U.S. to assert leadership regarding digital-dollar currencies.

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Circle CEO Jeremy Allaire has expressed confidence that the United States will pass a much-anticipated stablecoin law in the country within the year.

Allaire made the comments in an interview with CNBC on Jan. 15 at the World Economic Forum’s annual meeting in Davos, Switzerland.

“Digital dollars are happening around the world, other governments are regulating dollar-digital currencies before the United States. So I think there is a very strong desire to act and assert U.S. leadership and get the right consumer protections involved,” he said.

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