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Circle partners with Nubank to offer USDC services in Brazil

Published date:

February 2, 2026

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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.

.@Circle launches major new partnerships with @nubank, dramatically expanding USDC access in Brazil through one of the largest digital banks in the world with 85 million retail customers in Brazil alone.https://t.co/OvzAJJa2lW

TLDR Below:

Demand for digital dollars is growing…
— Jeremy Allaire (@jerallaire) December 5, 2023

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.

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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

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.

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How we reviewed this article

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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