Circle announces official launch in Brazil

Stablecoin USDC's issuer Circle announced its official launch in Brazil. This strategic expansion signifies an opportunity to provide USD-backed digital dollars and digital asset infrastructure to the market. Circle is partnering with regional enterprises in the area such as BTG Pactual (Latin America's largest investment bank) and Nubank to launch digital asset products and enable users to access USDC almost instantly, at low cost, and around the clock.