From Yahoo Finance: 2025-06-12 08:00:00

Matera, a financial technology provider, has partnered with Circle, the issuer of the USDC stablecoin, to integrate USDC into Matera’s real-time banking infrastructure. This collaboration allows for interoperability between local currency accounts and USDC, enabling financial institutions to offer accounts with multiple currencies like the Brazilian Real, US Dollar, and USDC. This integration connects local payment systems, such as PIX, to the global liquidity of USDC, facilitating faster and more cost-efficient international payments. Matera’s CEO Carlos Netto sees this as a game-changer for global banking infrastructure, while Circle’s VP Daniel Mangabeira believes it will empower Brazilian financial institutions to make transparent global payments. Circle recently made its NYSE debut, with its stock starting at $69.



Read more at Yahoo Finance: Matera, Circle tie up to support stablecoin-ready financial platform