Circle’s helmsman Jeremy Allaire recently put forward a rather bold idea—they’re building an “internet economic operating system.” Does that sound a bit mysterious? Simply put, it means that cryptocurrency will become the underlying support for the next generation of the global digital economy.

Allaire’s statement is quite interesting. As the issuer of USDC, Circle already holds an important position in the stablecoin sector. Now, they’re not content with just being a payment tool; they want to elevate their vision to a higher dimension—directly building the economic infrastructure layer.

What does this “OS” approach really imply? The traditional internet solved information transmission, but value transfer has always been a tough nut to crack. If cryptocurrency can truly become, as he says, the “operating system” of the global digital economy, that means the core financial infrastructures like payments, settlements, and asset flows will be completely restructured.

Of course, there’s still a long way from concept to implementation. But it at least shows one thing—the players in the stablecoin sector have ambitions far beyond just being a “digital dollar.”