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Global stablecoin market hits $300B as Circle plans expansion to 40 new countries

Market News
26 Oct 2026, 21:03 WIB
Crypto Daily
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Bullish
Global stablecoin market hits $300B as Circle plans expansion to 40 new countries

The global stablecoin market has reached about $300 billion, driven by growing demand for dollar-backed digital assets beyond crypto trading. Tether leads with $182 billion, while Circle's USDC holds $72 billion. Circle plans to expand USDC into 40 emerging and developing markets, aiming to boost adoption where traditional banking is limited. This expansion could intensify competition with Tether as stablecoins increasingly serve as payment and settlement infrastructure worldwide.

Tether USDT remains a dominant stablecoin on Pluang, trading at Rp18.040 with a slight 0.01% increase in the last day. The market cap stands at Rp3.307,48 trillion as of Oct 27, 2026 01:22 WIB, highlighting its significant presence amid the expanding stablecoin market.

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