According to Reuters, Circle CEO Jeremy Allaire announced plans on October 16 to expand into approximately 40 emerging and developing countries across Southeast Asia, Latin America, Africa, and the Middle East. The expansion is supported by Circle's $400 million acquisition of Tazapay and a $100 million strategic investment from Binance.

As of Q2 2026, USDC circulation reached $73.3 billion, representing a 19% year-over-year increase. Allaire noted that blockchain technology is transitioning from early adoption to mainstream scale, with rising organic demand for stablecoins among individuals and businesses in target regions.

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