Circle Plans Push Into 40 Emerging Markets as Stablecoins Go Mainstream, CEO Says
Summary
The issuer of the digital token USDC intends to expand its operations into approximately forty developing nations. According to the company's chief executive, this strategic growth is driven by increasing adoption and interest across several regions, including Latin America, Africa, and Southeast Asia.
Circle CEO Jeremy Allaire told Reuters the USDC issuer plans to enter about 40 emerging and developing markets, citing rising demand in Southeast Asia, Latin America, Africa and the Middle East.
Source: Read the full story at Decrypt
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