One key advantage of this integration is that users can convert Brazilian Reais (BRL) and Mexican Pesos (MXN) directly into USDC without first converting to USD. This integration ... key player in ...

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Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil.

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Circle notes that stablecoin USDC is now available in Brazil and Mexico through national payment systems, with local currency.