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Circle plans to expand USDC stablecoin to 40 new emerging markets amid rising global demand.

Market News
16 Oct 2026
Crypto Briefing
View Source
Bullish
Circle plans to expand USDC stablecoin to 40 new emerging markets amid rising global demand.

Circle announced plans to expand its USDC stablecoin into about 40 emerging markets across Southeast Asia, Latin America, Africa, and the Middle East. This move follows a $400 million acquisition of Tazapay and a $100 million investment from Binance, signaling a shift from blockchain experimentation to mainstream adoption. USDC circulation grew 19% year-over-year to $73.3 billion, with Circle holding 25% of the stablecoin market. Regulatory advances like Circle's federal bank charter and the upcoming US Genius Act could further legitimize USDC as a digital dollar.

Circle's expansion into 40 new markets highlights growing interest in blockchain and digital assets. On Pluang, Binance Coin (BNB) trades at Rp13.099.355 as of Oct 16, 2026, 18:13 WIB, showing a 1.56% gain over the past day. Market activity leans heavily toward selling, with 74% of orders as of the same time, reflecting cautious sentiment despite the stablecoin sector's growth.

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