Circle to expand USDC into 40 countries as CEO calls GENIUS Act a watershed moment

Circle, the issuer of the USDC stablecoin, plans a major expansion into approximately 40 emerging and developing countries. CEO Jeremy Allaire revealed these plans during the IMF and World Bank meetings in Bangkok, describing the move as part of a broader effort to drive adoption of digital dollars in regions with growing demand for blockchain-based financial services. Allaire highlighted increased organic demand for stablecoins, particularly in Southeast Asia, Latin America, Africa, and the Middle East. He pointed to people and businesses in these regions seeking reliable entry points to the internet-based economy and stated that blockchain is moving out of its early adopter phase and entering a period of mainstream growth.

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