News Summary

• Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins.
• Stablecoin issuer Circle is seeking to enter about 40 developing markets, according to the company’s CEO and ​chairman, Jeremy Allaire.
• a transition right now, ‌and that transition is essentially moving from the early adopter phase of blockchain technology into the mainstream scaling phase,” Allaire said.