Partnership with BTG Pactual and Nubank aims to provide access to USDC for Brazilian users.
Brazil's growing fintech sector, fuelled by initiatives like Pix, presents a favorable market.
Circle, a global financial technology firm and issuer of the
regulated stablecoin USDC, has disclosed its official entry into the Brazilian
market. This strategic manoeuvre aims to offer USD-backed digital currency and
infrastructure to a region known for its burgeoning fintech landscape.
Collaborating with key local enterprises like BTG Pactual
and Nubank, Circle intends to introduce digital asset products facilitating
swift, cost-effective, and round-the-clock access to USDC.
Expanding USDC Access in Brazil
This expansion coincides with a period of considerable
fintech adoption, propelled by forward-looking policies such as the 2020 launch
of the instant payment platform Pix, which boasts a user base exceeding 160
million. Stablecoins presently dominate approximately 90% of crypto
transactions. Circle aims to enhance Brazil's financial ecosystem by
collaborating with innovative partners to democratize access to digital dollars
through USDC.
André Portilho, Head Digital Assets at BTG Pactual, Source: LinkedIn
As part of its market entry strategy, Circle has partnered
with BTG Pactual, Latin America's largest investment bank, to serve as its
primary USDC distribution channel in Brazil. This collaboration will enable BTG
Pactual to provide existing retail and institutional clients with access to
USDC, as well as onboard new clients seeking exposure to the digital currency.
The partnership will also furnish USDC with local banking
rail capabilities, facilitating swift and cost-effective minting and redemption
of digital dollars for businesses.
“Since 2017, BTG Pactual has been at the
forefront of financial market innovations, actively participating in the crypto
space. Our commitment to innovation led us to create Mynt, our own Crypto
trading platform. We are proud to be the first bank to issue a security token
and a USD stablecoin in the world and also the first bitcoin fund by a
financial institution in Brazil,” said André Portilho, Head Digital Assets at
BTG Pactual.
Collaboration Impact in Brazilian Market
Jeremy Allaire, CEO and Co-Founder, Circle, Source: LinkedIn
Building on its previous announcement of collaboration with
Nubank, a digital banking platform serving over 100 million customers in
Brazil, Mexico, and Colombia, Nubank Crypto customers in Brazil are already
engaged in transactions involving USDC.
“We are committed to making a positive impact in the
Brazilian market and partnering with key stakeholders to empower businesses to
participate in the global economy with greater ease and efficiency,” said
Jeremy Allaire, Co-Founder and CEO at Circle.
“There are many powerful
opportunities on the horizon when Brazil’s fintech-forward ecosystem converges
with the world’s most accessible dollar platform.”
Circle, a global financial technology firm and issuer of the
regulated stablecoin USDC, has disclosed its official entry into the Brazilian
market. This strategic manoeuvre aims to offer USD-backed digital currency and
infrastructure to a region known for its burgeoning fintech landscape.
Collaborating with key local enterprises like BTG Pactual
and Nubank, Circle intends to introduce digital asset products facilitating
swift, cost-effective, and round-the-clock access to USDC.
Expanding USDC Access in Brazil
This expansion coincides with a period of considerable
fintech adoption, propelled by forward-looking policies such as the 2020 launch
of the instant payment platform Pix, which boasts a user base exceeding 160
million. Stablecoins presently dominate approximately 90% of crypto
transactions. Circle aims to enhance Brazil's financial ecosystem by
collaborating with innovative partners to democratize access to digital dollars
through USDC.
André Portilho, Head Digital Assets at BTG Pactual, Source: LinkedIn
As part of its market entry strategy, Circle has partnered
with BTG Pactual, Latin America's largest investment bank, to serve as its
primary USDC distribution channel in Brazil. This collaboration will enable BTG
Pactual to provide existing retail and institutional clients with access to
USDC, as well as onboard new clients seeking exposure to the digital currency.
The partnership will also furnish USDC with local banking
rail capabilities, facilitating swift and cost-effective minting and redemption
of digital dollars for businesses.
“Since 2017, BTG Pactual has been at the
forefront of financial market innovations, actively participating in the crypto
space. Our commitment to innovation led us to create Mynt, our own Crypto
trading platform. We are proud to be the first bank to issue a security token
and a USD stablecoin in the world and also the first bitcoin fund by a
financial institution in Brazil,” said André Portilho, Head Digital Assets at
BTG Pactual.
Collaboration Impact in Brazilian Market
Jeremy Allaire, CEO and Co-Founder, Circle, Source: LinkedIn
Building on its previous announcement of collaboration with
Nubank, a digital banking platform serving over 100 million customers in
Brazil, Mexico, and Colombia, Nubank Crypto customers in Brazil are already
engaged in transactions involving USDC.
“We are committed to making a positive impact in the
Brazilian market and partnering with key stakeholders to empower businesses to
participate in the global economy with greater ease and efficiency,” said
Jeremy Allaire, Co-Founder and CEO at Circle.
“There are many powerful
opportunities on the horizon when Brazil’s fintech-forward ecosystem converges
with the world’s most accessible dollar platform.”
PayPal Applies to Establish Bank Targeting US Retail and Small Business Lending
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
