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Impact of USDC launch on fintech innovation in Brazil by end of 2025
3
Circle•Brazil•Circle Forum•São Paulo•Nubank•BTG Pactual•Web3 Builders•Programmable Wallet•USDC•LatAm
Resolution / Starting Odds
High Impact • 33%
Moderate Impact • 33%
Low Impact • 34%
Fintech industry analysis reports, academic studies
Story
Circle Launches USDC Operations in São Paulo with Nubank, BTG Pactual, and Web3 Builders
May 29, 2024, 01:16 PM
Circle has officially launched its operations in Brazil, marking a significant expansion into one of the world's largest and most innovative markets. The launch, which took place at the Circle Forum in São Paulo, includes partnerships with prominent local entities such as Nubank, BTG Pactual, and Web3 Builders. This move aims to leverage Circle’s Developer Platform to introduce the Programmable Wallet and expand the use of USDC in Brazil. The strategic initiative is expected to boost fintech innovation and adoption in the region, enhancing the global economy with open programmable money. Circle, a USDC issuer, is increasing its footprint in Brazil by partnering with LatAm investment bank BTG Pactual.
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Mexico • 33%
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