🧵 1. Circle's USDC stablecoin now available in Brazil and Mexico through national payment systems, offering fast and cost-effective transfers via PIX and SPEI. #crypto
🧵 1. Circle's USDC stablecoin now available in Brazil and Mexico through national payment systems, offering fast and cost-effective transfers via PIX and SPEI. #crypto
🧵 2. Businesses in Brazil and Mexico can access USDC directly from their local currencies, eliminating the need to convert to USD and saving on costs.
🧵 3. Circle aims to streamline cross-border transactions in Latin America by integrating USDC with national banking systems like PIX and SPEI.
🧵 4. USDC integration with Mexico's and Brazil's payment systems expected to boost business and remittances in the region, providing faster and cheaper transactions.
🧵 5. Circle's move to support USDC transfers in Brazil and Mexico to benefit from the efficiency and cost-effectiveness of stablecoins compared to traditional remittances.
🧵 Read more at: https://dailyhodl.com/2024/09/18/circles-usdc-stablecoin-now-available-in-brazil-and-mexico-via-the-two-countries-national-payment-systems/