Analyst: Circle USDC Expected to Become Key Infrastructure for Global Cross-Border Payments

Jinse Finance reported that analysts have pointed out that Circle's stablecoin USDC is transitioning from crypto trading to mainstream payments and corporate financial flows, and is expected to potentially "replace fiat currency" in the global cross-border payments market, which is worth approximately $20 trillion. Analysts from William Blair and Bernstein believe that regulating stablecoins will be central to the next growth cycle, and new products such as Circle's Arc blockchain and Circle Payments Network will drive long-term revenue growth. It is expected that the supply of USDC will nearly triple to $220 billion by 2027, accounting for about one-third of the global stablecoin market. At the same time, stablecoins can reduce international transaction costs by up to 90%, becoming an important part of digital cash infrastructure.