Circle CEO: One of the emerging Web3 wallets will explode and develop on a global scale

On June 24th, Circle CEO Jeremy Allaire stated in a response to netizens on X that the pipeline intelligently connecting all global digital wallets will be public blockchains and stablecoins. This will unlock highly commercialized global and retail payments. This is before people start using smart contracts to do some cool things among all these wallets. It makes me optimistic that one of the many emerging Web3 wallets will explode and become globally scaled because they provide utility that is 10 to 100 times what can be achieved through payment functions alone by connecting to an open ecosystem of programmable smart contract infrastructure.