Red angry circle of blister like spots on feet then peels very sore?

Skin infection: Might indicate skin infection and it usually settles in a few days If it persists you might need to see the doctor to assess the need for medication and to assess for alternative diagnosis

Fungal infection: It is difficult to comment without seeing a picture but this sounds like Tinea pedis or Athletes foot which is a fungal infection that affects the feet. For further information, refer to this link: https://patient.info/health/athletes-foot-tinea-pedis

On both feet or one?: If on both feet, you may want to have a doctor take a look to see if there is an infection or some other underlying cause that can be treated. If you have this on one foot, and there was pain prior to the blistering, this could be a viral eruption, but without knowing your age it's hard to answer that one. Trauma or blisters due to friction are also possible. Are you on medication? let a doc look.