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Altcoins & DeFi

Circle targets 40 markets – Can USDC make cross-border payments cheaper?

Image: AMBCrypto

Circle and Tether are the leading stablecoin issuers across the globe, providing USDC and USDT, respectively. However, it is Circle that has been making moves toward regulatory clarity faster than Tether. For instance, USDC became the EU's first significant stablecoin under MiCA regulation. In fact, Circle's revenue for the first half of the year, at $1.40 billion, confirmed its growing adoption. Circle's USDC has been dominated by agentic payments, which has contributed to such revenue. Even with that, the protocol is aiming for a larger global reach. Circle to expand USDC to 40 developing markets While stablecoin adoption has continued to grow, it has not reached greater levels.

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