Circle expands USDC payment capabilities to Brazil and Mexico, eyeing US IPO

Circle, the issuer of the USDC stablecoin, has broadened its payment functionalities to Brazil and Mexico, enabling transactions directly in local currencies—Brazilian reais and Mexican pesos. This move, announced on September 17, aims to streamline transactions by eliminating the need for currency conversion to US dollars, thus enhancing the flexibility and accessibility of USDC for