Circle, a global financial technology firm and the issuer of the USDC stablecoin, today announced its official launch in Brazil.
This expansion marks an opportunity to deliver highly demanded USD-backed digital dollars and digital asset infrastructure to a market at the forefront of fintech innovation and adoption.
As part of the market launch, Circle is partnering with BTG Pactual, the largest investment bank in Latin America, to serve as our direct USDC distribution partner in Brazil, providing USDC to their existing retail and institutional clients and onboarding new clients who wish to access USDC. The collaboration will equip USDC with local banking rail capabilities for near-instant and low-cost access for businesses to mint and redeem digital dollars.
“We are committed to making a positive impact in the Brazilian…
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