TechFlow News, September 17 — According to The Block, Circle announced that its dollar-pegged stablecoin USDC has officially entered the Brazilian and Mexican markets. Users can now directly exchange Brazilian reais and Mexican pesos for USDC without first converting to U.S. dollars. Circle now supports local bank transfers via Brazil’s PIX and Mexico’s SPEI real-time payment systems, reducing USDC acquisition time from several days to just minutes. Businesses can obtain USDC from local financial institutions for their own use or to offer to retail customers.
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