Circle has successfully deployed its stablecoin USDC on World Chain, enabling Brazilian banks to manage multicurrency payments. This move not only benefits users in terms of accessibility but also positions Circle favorably in the global financial landscape.
After the announcement of the partnerships, Circle saw an impressive 10.7% increase in shares, highlighting investor optimism. Matera’s integration of USDC will enhance transaction capabilities for banks, marking a significant stride in Brazil’s financial system.
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