According to online reports, Circle CEO Jeremy Allaire said in an exclusive interview with Bloomberg that with the passage of the GENIUS Act by the U.S. Congress, a clear regulatory framework has been established for the stablecoin business, and this field has become the most dynamic sector of the cryptocurrency market. Circle will explore the application of blockchain payment systems in traditional financial institutions. Allier pointed out that stablecoin technology is gaining the attention of traditional financial institutions and policy makers, and is expected to open new application scenarios in the payment and business fields in the future.