The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Fintech CEO Says Ethereum Could Push Crypto to Become ‘As Broadly Adopted As the Internet’

by Daily Hodl Staff
July 19, 2018
in Altcoins

The CEO of Goldman-backed Circle says Ethereum may help push the adoption of cryptocurrency and blockchain technology to levels that rival the scale of the internet.

The head of the digital payments company and cryptocurrency exchange Jeremy Allaire says the advent of Ethereum’s decentralized apps are the key.

Blockchain and cryptocurrency may one day be “as broadly adopted as the internet is today,” Allaire told CNBC. “One of the things that really catalyzed the market last year was actually that Ethereum, in particular, kind of got to a place where you could build apps on top of it,” he said. “You could issue new tokens on top of it. You could create new kinds of financial contracts, using the smart contracts technology.”

Allaire pointed out that although Ethereum has the most number of developers using its technology by far, the platform has many competitors, including EOS, NEO and Cardano.

Goldman Sachs bought a stake in Circle back in 2015. The payments company offers a suite of apps that let its customers invest in cryptocurrency and send and receive money to friends in 29 countries. The platform supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Zcash and Monero. It plans to add additional coins in the future.

Allaire is not afraid to make bold statements about the future of cryptocurrency. Last month, Allaire said he expects the dollar, the euro, the yen and every other fiat currency on the globe to become a cryptocurrency. “Our view is that all fiat currency will be crypto,” Allaire said. “It seems inevitable at this point.”

Circle recently launched a “crypto dollar” stablecoin to help reduce volatility and reshape the cryptocurrency markets.

According to Allaire, Circle’s crypto trading platform recorded a 30% spike in institutional investors last month. The increase is in line with Grayscale Investments which also reported an uptick and revealed that 56% of its investments in 2018 are coming from institutional investors.

[the_ad id="42537"] [the_ad id="42536"]

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • NEXPACE Launches MapleStory N and NXPC Token, Charting a New Chapter for MapleStory Universe
    May 15, 2025
  • GSR Invests in Maverix Securities to Support the Launch of Regulated Digital Asset Structured Products
    May 15, 2025
  • Sportsbet.io launches 1 million USDT giveaway to mark Champions League finale
    May 15, 2025
  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
  • BC.GAME Unveils New Logo, Strengthens Crypto Integration in iGaming Ecosystem
    May 14, 2025
  • Plutus Launches PLUS More on Base – A New Era of Tokenized Loyalty Rewards
    May 13, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,006.60
$103,006.60
0.55%
Ethereum
$2,532.08
$2,532.08
2.88%
BNB
$651.41
$651.41
0.31%
Solana
$169.03
$169.03
4.55%
XRP
$2.44
$2.44
4.69%

Spotlight

  • Bitcoin to $200,000? Investor Dan Tapiero Says One Catalyst Could Send Bitcoin Flying if US Economy Slows Hard
    May 8, 2025
  • Spyware Firm Ordered To Pay $167,250,000 in Damages for Enabling WhatsApp Hacks of 1,400 Smartphone Devices: Report
    May 8, 2025
  • Rich Dad Poor Dad Author Predicts Largest-Ever Market Crash, Says Bitcoin and Gold Will Protect Against Inflation
    May 8, 2025
  • Standard Chartered Analyst Backs Off Bitcoin Price Prediction, Now Calls $120,000 BTC ‘Too Low’: Report
    May 8, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl