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Jeremy Allaire, co-founder, chief executive officer and chairman at Circle, announced that Circle is participating in the DTCC working group on tokenization.
Allaire stated that Circle infrastructure platforms and USDC could play a major role in moving the financial system onchain, describing it as a significant year for this development.
Allaire has previously highlighted a proposal from Circle's chief economist on AAVE USDC market liquidity parameters and protocols in the AAVE USDC market. He also noted Arc hackathon dominance by agentic infrastructure ahead of the platform’s upcoming Layer-1 mainnet launch, as reported in recent Arc events. Both events reflect ongoing efforts from Circle’s leadership to advance digital asset adoption.