Circle Plans Expansion Into 40 New Markets as Stablecoin Demand Rises

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Stablecoin issuer Circle is targeting 40 new markets, according to comments its CEO, Jeremy Allaire, made to Reuters. Allaire said demand for digital dollars is growing across Asia, Africa, and Latin America. The growth is being driven in part by banks and payment firms. The report frames the expansion as a response to rising global interest in stablecoins.

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