USDC Expands to Brazil
May 29, 2024
Circle, the issuer of USDC, announced a partnership with several major entities, including Latin America’s largest investment bank, BTG Pactual, and the neobank company Nubank. This collaboration aims to expand access to and usage of the USDC stablecoin in Brazil. According to the company’s statement, this initiative is seen as an opportunity to enhance USDC accessibility in a market that leads in fintech innovation and adoption.