{"id":545429,"date":"2026-01-22T19:53:17","date_gmt":"2026-01-22T19:53:17","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/01\/22\/circle-ceo-says-usdc-is-a-neutral-layer-not-a-rival-to-visa-or-mastercard\/"},"modified":"2026-01-22T19:53:17","modified_gmt":"2026-01-22T19:53:17","slug":"circle-ceo-says-usdc-is-a-neutral-layer-not-a-rival-to-visa-or-mastercard","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/01\/22\/circle-ceo-says-usdc-is-a-neutral-layer-not-a-rival-to-visa-or-mastercard\/","title":{"rendered":"Circle CEO says USDC is a neutral layer, not a rival to Visa or Mastercard"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmU2N2QtOGMwYS03ODg2LThkZDctOTRhMzViYmMyYTc3LmpwZw==.jpg\" alt=\"Circle CEO says USDC is a neutral layer, not a rival to Visa or Mastercard\" class=\"type:primaryImage\" \/><\/p>\n<p>At Davos, Jeremy Allaire said Circle&#8217;s stablecoin functions as shared infrastructure rather than a competitor to banks or card networks.<\/p>\n<p>Circle CEO Jeremy Allaire\u00a0said\u00a0the company\u00a0views its dollar-pegged stablecoin as neutral financial infrastructure with network effects, rather than a product meant to compete with existing payment companies.<\/p>\n<p>Speaking\u00a0on CNBC\u2019s\u00a0Squawk Box during the World Economic Forum at Davos, Switzerland, Allaire <a href=\"https:\/\/www.youtube.com\/watch?v=GyFi4YXQj2Q\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.youtube.com\/watch?v=GyFi4YXQj2Q\">said<\/a>\u00a0Circle\u00a0does not view card networks such as\u00a0Visa\u00a0or\u00a0Mastercard\u00a0as competitors, describing them instead as \u201csignificant partners.\u201d<\/p>\n<p>According to Allaire, stablecoins are \u201cnetwork effect businesses,\u201d with usage and circulation increasing as more developers and institutions integrate, adding that Circle operates as a \u201cneutral company\u201d that does not compete with banks, payment companies or exchanges.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/circle-ceo-usdc-neutral-layer-banks-visa-mastercad\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>At Davos, Jeremy Allaire said Circle&#8217;s stablecoin functions as shared infrastructure rather than a competitor to banks or card networks. Circle CEO Jeremy Allaire\u00a0said\u00a0the company\u00a0views its dollar-pegged stablecoin as neutral financial infrastructure with network effects, rather than a product meant to compete with existing payment companies. Speaking\u00a0on CNBC\u2019s\u00a0Squawk Box during the World Economic Forum at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":545430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-545429","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/545429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=545429"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/545429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/545430"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=545429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=545429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=545429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}