The global economy is about to undergo a major shift—and it’s going to be centered around cryptocurrency, according to Jeremy Allaire, cofounder and CEO of Circle, a software company that built one of the world’s top stablecoins. To facilitate this transition, Circle is creating what Allaire calls an “economic OS for the internet.”
“Basically, there are new operating system paradigms that emerge all the time. The web is one, mobile is one, cloud is another, AI is another OS paradigm,” Allaire told WIRED’s editor at large, Steven Levy, onstage at the Big Interview event in San Francisco on Thursday. “And these blockchain networks are economic OS paradigms, at least what
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