PolicyDecryptabout 2 hours ago
Circle Expands Stablecoin to 40 Emerging Markets
2 min read
Circle CEO Jeremy Allaire announced plans to launch USDC in roughly 40 emerging and developing countries. The stablecoin issuer holds about 25% of the market versus 60% for Tether's USDT, with circulation rising 19% year over year to $73.3 billion in the second quarter. Allaire called the GENIUS Act a watershed moment set to take effect in January.
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