Stablecoin issuer Circle says it plans to expand into about 40 emerging and developing markets, with CEO Jeremy Allaire telling Reuters that demand for its USDC stablecoin is rising in multiple regions.
Allaire links the push to increased use by both individuals and businesses, highlighting growth in Southeast Asia, Latin America, Africa and the Middle East. Outlets also describe the move as part of a broader effort to take stablecoins further into countries where they are increasingly used for payments and other financial activity.
While the coverage broadly agrees on the scale of Circle’s target—around 40 additional markets—and the regions driving demand, the articles differ mainly in emphasis. Decrypt and PYMNTS focus on stablecoins becoming more mainstream and the company’s global growth strategy, while Channel NewsAsia frames the story around the CEO’s comments about geographic expansion.
