Circle partners with Nubank to offer USDC services in Brazil

HomeStablecoins
Share this article
Subscribe for weekly updates
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Jeremy Allaire; Photo Source: Circle (Youtube)
In the words of Jeremy Allaire, the CEO of Circle, “We continue to see strong demand across Latin America for access to dollars, specifically in Brazil, which has emerged as a driving force for digital currency use and adoption in the region.”

Stablecoin issuer Circle has teamed up with fintech firm Nubank to make USD Coin (USDC) more accessible to Brazilian clients. 

According to the press release, the joint venture between Circle and the São Paulo-based bank will involve adding support for USDC trading on the Nubank Cripto platform. The firms will also launch educational campaigns in Brazil to inform users about the benefits of a USD-pegged stablecoin like USDC.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Nubank has doubled down on crypto services in recent months. In an earlier announcement, the banking giant revealed that starting Q1 2024, it will allow clients to transfer crypto tokens between their Nubank accounts and crypto wallets. Similarly, Nubank has partnered with Talos, a provider of institution-grade trading technology, to reduce trading costs for Brazilian users by providing access to multiple liquidity providers.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
In the words of Jeremy Allaire, the CEO of Circle, “We continue to see strong demand across Latin America for access to dollars, specifically in Brazil, which has emerged as a driving force for digital currency use and adoption in the region.”

Stablecoin issuer Circle has teamed up with fintech firm Nubank to make USD Coin (USDC) more accessible to Brazilian clients. 

According to the press release, the joint venture between Circle and the São Paulo-based bank will involve adding support for USDC trading on the Nubank Cripto platform. The firms will also launch educational campaigns in Brazil to inform users about the benefits of a USD-pegged stablecoin like USDC.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Nubank has doubled down on crypto services in recent months. In an earlier announcement, the banking giant revealed that starting Q1 2024, it will allow clients to transfer crypto tokens between their Nubank accounts and crypto wallets. Similarly, Nubank has partnered with Talos, a provider of institution-grade trading technology, to reduce trading costs for Brazilian users by providing access to multiple liquidity providers.

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Written by
Ayush Pande