Поділитися цією статтею
Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
Previously, the stablecoin could only be purchased through crypto exchanges.
- Circle said that it will offer USDC to businesses through integrations with leading banks.
- Pix in Brazil and SPEI in Mexico are payment systems established by the central bank of each country.
Circle has connected its USDC stablecoin with payment systems in Brazil and Mexico for corporate customers through integrations with leading banks, the company said Tuesday.
Circle said it now allows businesses to access USDC directly from local financial institutions in Brazil through PIX, a payments system created by the Central Bank of Brazil (BCB) in 2020 that has nearly 160 million users. In Mexico it is connected to SPEI, a system powered by the country’s central bank, Banco de México.
STORY CONTINUES BELOW
Не пропустіть жодної історії.Підпишіться на розсилку Crypto Daybook Americas вже сьогодні. Переглянути всі розсилки
Circle's announcement in Latin America comes as the company expands its stablecoins to other networks. Earlier Tuesday, Jeremy Allaire, CEO of Circle, said the company plans to bring USDC to the layer-1 blockchain Sui Network (SUI).
Circle's USDC, the second-largest stablecoin behind Tether's USDT, has a market cap of $35.50 billion and a 24-hour trading volume of $6.51 billion, according to CoinDesk price data.
Last week, investment firm Castle Island Ventures and hedge fund group Brevan Howard in a report said stablecoins are increasingly used for everyday finances such as savings, currency conversion and cross-border payments in emerging markets, including Brazil.
Read more: Stablecoin Giant Circle Is Moving Its Headquarters to New York City
The use of stablecoins in Brazil has already led large regional companies to recently launch initiatives in the segment. In August, Mercado Pago, the digital bank unit of Latin America's largest company, Mercado Libre (MELI), introduced a stablecoin in Brazil tied to the U.S. dollar, called Meli Dollar.
Brazil and Mexico are not unfamiliar lands for Tether, issuer of USDT and Circle's main competitor in the stablecoin segment. In 2022, it enabled the conversion of USDT to Brazilian reals through an agreement with Brazilian crypto services provider SmartPay, while it also presented its MXNT token pegged to Mexico's peso during the same year.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
Top Stories
