TL;DR: Circle plans to expand USDC infrastructure into approximately 40 developing and emerging markets. The company is targeting international payments and access to digital dollars rather than relying solely on cryptocurrency exchange demand.

Circle is looking well beyond cryptocurrency trading as it prepares to extend USDC’s reach into approximately 40 emerging and developing markets.

CEO Jeremy Allaire outlined the ambition during discussions surrounding the October 16 international financial meetings in Bangkok. The strategy focuses on places where businesses and individuals want access to dollar-denominated payments but may face expensive or inefficient conventional banking arrangements.

The opportunity is straightforward: a…