{
  "id": 14922233,
  "title": "Stablecoin issuer Circle to push into 40 new markets, CEO says",
  "url": "https://urgent.news/2026/10/16/stablecoin-issuer-circle-to-push-into-40-new-markets-ceo-says-14922233",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T09:26:05.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/stablecoin-issuer-circle-push-40-new-markets-ceo-says-6465526"
  },
  "original_language": "en",
  "account": "Stablecoin issuer Circle is expanding into approximately 40 emerging and developing countries as blockchain adoption escalates, according to CEO Jeremy Allaire. Allaire, speaking at the IMF and World Bank meetings in Bangkok, noted that the company is transitioning from the early adopter phase to a mainstream scaling phase. Regions such as Southeast Asia, Latin America, Africa, and the Middle East are experiencing rising demand for stablecoins and digital utility. Circle, the world's largest regulated stablecoin issuer, is accelerating its global expansion, supported by a $400 million acquisition of Tazapay and a $100 million investment from Binance. Circle holds about 25 percent of the global stablecoin market, with its USDC stablecoin seeing a 19 percent increase in circulation to $73.3 billion in the second quarter. The U.S. Genius Act, set to take effect next January, is seen as a significant regulatory development. Circle recently obtained a federal bank charter, marking a milestone as one of the first stablecoin issuers to do so. As major financial institutions and payment firms adopt stablecoins for cross-border settlements and asset transfers, Allaire cautioned about the heightened security risks associated with the rapid expansion of AI.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Stablecoin issuer Circle to push into 40 new markets, CEO says",
        "url": "https://urgent.news/2026/10/16/stablecoin-issuer-circle-to-push-into-40-new-markets-ceo-says",
        "published": "2026-10-16T09:26:05.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Circle targets 40 new markets as stablecoin demand grows globally",
        "url": "https://urgent.news/2026/10/16/circle-targets-40-new-markets-as-stablecoin-demand-grows-globally",
        "published": "2026-10-16T10:54:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}