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USDC issuer Circle increases Brazil footprint, partners with LatAm investment bank BTG Pactual

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Circle announced its 'official' launch in Brazil amid the nation's central bank planning to release regulatory framework for crypto.

Circle, issuer of the USDC stablecoin, said it has both officially launched in Brazil and partnered with Latin America's largest investment bank.

“Since 2017, BTG Pactual has been at the forefront of financial market innovations, actively participating in the crypto space,” said BTG Pactual's André Portilho, who heads digital assets for the firm. “Our partnership with Circle is a testament to our belief that blockchain technology will form the new infrastructure of the financial industry."

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