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Circle CEO Jeremy Allaire Says AI Bots Are Engaging With USDC Stablecoin

Jeremy Allaire, CEO of Circle, announced on May 25 that AI bots are engaging with the company's USDC stablecoin. Allaire believes that AI and blockchain are a perfect match and can interact with each other in various ways, such as machine-generated contracts and data provenance.

Other crypto projects, such as Solana and MakerDAO, are also using AI in different ways. However, some critics question whether bot-driven transactions represent legitimate trading or wash trading.

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