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Oct 16, 2026

Circle targets expansion into 40 emerging markets as stablecoin demand grows

Circle announced plans on October 16 to enter approximately 40 emerging and developing markets, targeting regions where stablecoin demand is growing significantly according to CEO Jeremy Allaire.

Oct 16, 2026·2 sources
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Top claims

  • ▪Circle announced plans on October 16, 2026 to expand into approximately 40 to 50 emerging and developing markets across Southeast Asia, Latin America, Africa, and the Middle East
  • ▪Circle CEO Jeremy Allaire stated that businesses and individuals in emerging markets are turning to stablecoins for digital-dollar payments and financial services as blockchain moves into a mainstream scaling phase
  • ▪Circle's USDC stablecoin reached a circulation of $72.6 billion to $73.3 billion in the second quarter of 2026, representing a 19% increase from the prior year

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Institutional crypto adoption1Stablecoins1

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