By George Ward
Dante Disparte, the CSO at Circle (the firm issuing USDC stablecoin), expressed his optimism about the future of cryptocurrency. He added that the global adoption of crypto technology is inevitable.
Disparte Claims Crypto Is Pivotal To The Future Of Finance
During the emergence of the information and communication technologies era, the businesses created in the computer revolution had no option but to adjust and adopt it fully. In the same way, the world will inevitably adopt the use of crypto technology in the future, according to the CSO.
Disparte, also the global policy head at Circle, added that crypto has a pivotal role to play in the future of the finance industry globally. He said as much as executive teams had to adhere to virtual security protocol by creating master keys, so will the world accept crypto technology and its flaws.
Disparte offered possible solutions to curb the recurrent failures that rampaged the crypto industry in 2022. He suggested that responsible stakeholders must take charge and control the innovative tech.
In addition, he said countries with crypto-friendly policies and regulations that promote modest growth of cryptocurrency have a better chance at shaping the future of finance worldwide.
Improve The Progress Of The Industry
Furthermore, the CSO stated that the most enduring process plaguing every spectacular initiative is how to filter out all its harmful components. Disparte warned that when the wrong hands wheel the crypto industry’s cart, the damages they can cause are inexplicable.
Hence, he suggested putting such technologies in responsible hands to encourage the growth and use of this new technology. Disparte added that solving the policy and regulatory dilemmas that plagued 2022 would improve the industry’s progress in 2023 and beyond.
Despite the great harm and damage the crypto technology is capable of causing, the Circle CSO says it remains a protagonist for modern economic growth. In a blog post, the Circle executive said that in the early 2000s, the internet was delivered into the hands of durable and more reliable firms.
In the same vein, he considered 2022 as the year which ushered crypto technology to be delivered into more stable and responsible hands.