# Jeremy Allaire: 'USDC Is Halfway To Flipping PayPal' By Coinness Canonical URL: https://www.tokenpost.com/news/investing/8004 Published: 2021-04-07T05:56:03.000Z Updated: 2021-04-07T05:56:03.000Z Section: Investing > The co-founder and CEO of Circle, Jeremy Allaire, has made a bold prediction that the company-issued stablecoin is on track to surpass payments giant PayPal in terms of transacted dollar value. The co-founder and CEO of Circle, Jeremy Allaire, has made a bold prediction that the company-issued stablecoin is on track to surpass payments giant PayPal in terms of transacted dollar value. The comments came in an April 6 tweet in which Allaire alluded to the on-chain transaction volume for USDC over the past year, which he reported as over half a trillion dollars. He added that this was already about half of the total payment volume for PayPal in 2020, hinting that a ‘flippening’ could be coming soon. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)