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  2. People also ask
    Where can I buy USDC?
    USDC is now available through traditional financial institutions in Brazil and Mexico after the issuer Circle connected the stablecoin to banking rails in the countries. In a release, Circle said it connected USDC to SPEI, a system powered by Banco de Mexico and PIX, the payment systems launched by the Central Bank of Brazil. With […]

    Circle expands USDC to Brazil and Mexico, integrating with local bankin…

    msn.com
    Why did USDC move to Brazil?
    According to Circle CEO Jeremy Allaire, the move is part of USDC’s expansion into the global banking infrastructure through integration with leading banks. “Today, we announced the availability of banking and USDC minting/redemption native in Brazil and Mexico, with 24/7 rails (PIX & SPEI) and using local currencies.

    Circle expands USDC to Brazil and Mexico, integrating with local bankin…

    msn.com
    What does USDC's new currency move mean for businesses?
    With the move, businesses can convert the USD-pegged stablecoin directly into Brazilian Reais (BRL) and Mexican Pesos (MXN) without converting to USD first. According to Circle CEO Jeremy Allaire, the move is part of USDC’s expansion into the global banking infrastructure through integration with leading banks.

    Circle expands USDC to Brazil and Mexico, integrating with local bankin…

    msn.com
    What is USDC & Spei?
    In a release, Circle said it connected USDC to SPEI, a system powered by Banco de Mexico and PIX, the payment systems launched by the Central Bank of Brazil. With the move, businesses can convert the USD-pegged stablecoin directly into Brazilian Reais (BRL) and Mexican Pesos (MXN) without converting to USD first.

    Circle expands USDC to Brazil and Mexico, integrating with local bankin…

    msn.com
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  3. CoinDesk
    https://www.coindesk.com/markets/20…

    Stablecoin USDC Is Making a Comeback: Coinbase

    WEBFeb 27, 2024 · The second-largest stablecoin by market cap, USDC, has seen a 14.3% increase in supply since December 2023, outpacing its rival USDT. The report attributes the growth to fresh capital inflows after the …

  4. Forbes
    https://www.forbes.com/digital-assets/news/usd-coin-usdc

    Latest USDC News | Forbes Digital Assets

  5. CoinDesk
    https://www.coindesk.com/markets/20…

    Circle Expands USDC Stablecoin to Five New Chains, …

    WEBSep 28, 2022 · Circle, the issuer of USD coin (USDC), a popular stablecoin pegged to the U.S. dollar, announced plans to launch USDC on five new …

    • Occupation: Reporter
  7. Cointelegraph
    https://cointelegraph.com/news/usdc-de…

    USDC depegs as Circle confirms $3.3B stuck with …

    WEBMar 11, 2023 · Almost immediately after USD Coin (USDC) issuer Circle revealed it could not withdraw $3.3 billion of its $40 billion reserves from Silicon Valley Bank (SVB), the resultant sell-off caused the ...

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    Silicon Valley Bank
    Arijit Sarkar
  8. CNBC
    https://www.cnbc.com/2023/03/11/stabl…

    Stablecoin USDC breaks dollar peg after firm reveals it …

    WEBMar 11, 2023 · USDC, a cryptocurrency pegged to the dollar, fell to a record low of 87 cents after Circle disclosed it has $3.3 billion in reserves at Silicon Valley Bank, which failed on Friday. The collapse of SVB and the …

  9. Fortune
    https://fortune.com/crypto/2023/08/23/usdc-base...

    USDC to be available on 15 blockchains after adding 6 ... | Fortune

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  10. Cointelegraph
    https://cointelegraph.com/tags/usd-coin

    USD Coin (USDC) Crypto News Today by Cointelegraph

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    Coin
    Economy of the United States
  11. CNBC
    https://www.cnbc.com/2023/03/13/usdc-nearly...

    USDC nearly regains $1 peg after Circle says SVB deposit is ... | CNBC

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    Coin
    Silicon Valley Bank
  12. CoinDesk
    https://www.coindesk.com/markets/20…

    USDC Stablecoin Depegs From $1; Circle Says …

    WEBMar 11, 2023 · USDC is meant to maintain a 1-to-1 peg with the U.S. dollar, but worries about the impact of Silicon Valley Bank’s failure drove it down from $1 on Friday.

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    USDC
    Tech Protocol Reporter
  13. CNN
    https://www.cnn.com/2023/03/11/business/stablecoin...

    Stablecoin USDC breaks dollar peg after revealing $3.3 billion

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    Coin
    CNN
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