Circle plans expansion into 50 emerging markets driven by global stablecoin demand

Circle plans to expand into about 50 emerging and developing markets, including Southeast Asia, Latin America, and the Middle East, as demand for digital dollar payments grows. USDC currently has about $72.6 billion in circulation, holding roughly a quarter of the stablecoin market, trailing Tether's USDT which holds nearly 60 percent. This expansion is supported by Circle's $400 million acquisition of Tazapay, the launch of its Arc blockchain, and securing U.S. federal trust bank approval, with CEO Jeremy Allaire noting that clearer regulations like the U.S. GENIUS Act are encouraging wider adoption.