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In response to questions about why Bitcoin has underperformed this year, Circle CEO Jeremy Allaire did not predict price movements, but instead emphasized that stablecoins are not the same as crypto speculation. His true focus is on the real-world applications of a digital dollar in payments, capital markets, trading, investing, and lending. As traditional financial institutions enter the space, on-chain transactions and applications continue to grow rapidly. https://t.co/GpRjmVaNqA

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