Reportedly, Circle plans to enter 40 emerging markets

According to Jeremy Allaire, CEO and Chairman of Circle, stablecoin issuer Circle is seeking to enter around 40 developing markets.

Aler said in an interview with Reuters during his attendance at meetings of the International Monetary Fund ( IMF ) and the World Bank in Bangkok on Friday: "To some extent, we are experiencing a turning point... A transformation is taking place right now, and this transformation is essentially a move of blockchain technology from the early adoption stage to the mainstream and scaled-up stage."

According to reports, Aler stated that as businesses and individuals seek to enter the internet-based economic system, the demand for stablecoins in markets in Southeast Asia, Latin America, Africa, and the Middle East is increasing.

Cointelegraph reported on August 24th that Bernstein (Bernstein) analysts are optimistic about Circle, believing that its USDC stablecoin is about to enter a new cycle of growth, which could bring a significant boost to the company in the next 12 months.

Bernstein stated that the next phase of stablecoin growth could be driven by several factors, including a rebound in the crypto market momentum, increased clarity in U.S. regulation, the tokenization of capital markets, and an increased adoption of stablecoins in the payment sector. Analysts also pointed out that there are early signs of AI using stablecoins for payments.

Although, in terms of market capitalization, USDC is still the second-largest US dollar stablecoin, and there is still a significant gap compared to Tether's USDt ( USDT ), it has made notable progress in terms of trading activity. Bernstein stated that, measured by adjusted stablecoin trading volume, USDC's share has risen from about 40% in 2025 to over 60% so far in 2026, surpassing USDt in this metric.

On September 8, Cointelegraph reported that Circle has agreed to acquire the Singapore-based cross-border payment platform Tazapay in a all-stock deal worth $400 million, with the transaction expected to be completed in 2027.