Circle is pursuing expansion into about 40 developing markets. Cointelegraph reported on Oct. 17 that Circle CEO and chairman Jeremy Allaire (제러미 알레어) outlined the plan after meeting Reuters during International Monetary Fund and World Bank meetings in Bangkok.

The company is focusing on Southeast Asia, Latin America, Africa and the Middle East. Allaire said stablecoin demand in those regions is rising as demand grows from companies and individuals seeking to enter an internet-based economic system.

Allaire also said the blockchain industry has entered a turning point. He said blockchain technology is moving beyond the early adopter phase to a stage of mass adoption.

The expansion plan also aligns with USDC transaction flows. USDC is the second dollar-pegged stablecoin by market capitalization after Tether's USDt, but is increasing its share of transaction activity. Bernstein said USDC's adjusted stablecoin transaction-volume share rose from about 40 percent in 2025 to above 60 percent in 2026, overtaking USDt.

Bernstein also issued a bullish outlook on Circle on Aug. 24. It said a new phase of USDC growth over the next 12 months could provide significant support to the company. It cited drivers including a reactivation of the crypto market, greater U.S. regulatory clarity, tokenized capital markets and broader stablecoin adoption in payments. It also mentioned early signs of stablecoin use in artificial intelligence agent payments.

Circle agreed on Sept. 8 to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock deal. The transaction is expected to be completed in 2027.