According to a report from Jinse Caijing, co-founder and CEO of Circle, the issuer of the USDC stablecoin, Jeremy Allaire stated on platform X that stablecoins might be the most practical form of currency in history, but for the stablecoin industry, the "iPhone moment" has not yet arrived. However, once the stablecoin market enters what is referred to as the "iPhone era," developers will be able to unlock programmable digital dollars just like unlocking programmable mobile devices, and at that point, programmable digital dollars will play a role and create opportunities on the internet; this era may be coming soon.