HomeNewsCircle Partners Integrate USDC into Brazil's Banking and World Chain

Circle Partners Integrate USDC into Brazil’s Banking and World Chain

- Advertisement -
  • Circle stock rose 10.7% after announcing two deals: USDC integration with Brazil’s Matera and native USDC on Sam Altman’s World Chain.
  • Matera integrates USDC into its Digital Twin ledger, letting banks hold USDC, reals, and dollars together and link USDC to Pix payments.

Circle Internet Group shares rose 10.7 percent Wednesday after Circle announced two new partnerships. First, Circle teamed with Brazilian fintech Matera to integrate USDC into Matera’s Digital Twin ledger. Accordingly, banks can hold USDC alongside Brazilian reals and U.S. dollars in a single system. Furthermore, Matera will link USDC payments to Pix, Brazil’s instant payment network.

Second, Circle went live on World Chain, the blockchain identity project led by Sam Altman. Previously, World Chain users held bridged USDC across chains. Now, Circle supplies native USDC directly to the World Chain.

As a result, two million users who bridged USDC can convert to native tokens. Moreover, all 27 million World Chain members gain access to Circle’s Cross-Chain Transfer Protocol, enabling instant transfers across blockchains.

World Chain participants use USDC for remittances and in Mini Apps, which offer payment and e-commerce services. By shifting to native USDC, World Chain expects quicker settlement and smoother transaction flows. This move could deepen adoption of digital dollars in identity-based networks.

Matera’s Digital Twin platform now supports stablecoins without building new infrastructure. Institutions can add USDC to their real-time ledger and execute trades in domestic and foreign currencies. In turn, companies reduce settlement times and currency conversion fees.

Circle’s stock debuted at $31 on the NYSE and surged to nearly $117, a gain of almost 280 percent. These partnerships highlight Circle’s strategy to embed USDC in both traditional banking rails and emerging blockchain platforms.

WLDUSDT_2025-06-12_00-04-55
Source: WLD/Tradingview

Worldcoin (WLD) is trading at $1.10 USD, reflecting a modest daily gain of +1.51%. Despite this uptick, the token remains significantly below its all-time high of $11.97 set in March 2024—down more than 90%. Over the past month, WLD has declined by 5.08%, and it remains 70.93% lower year-over-year, suggesting that the project is still recovering from substantial long-term drawdowns.

The recent price activity is supported by steady trading volume, with over $212 million exchanged in the last 24 hours, signaling active market interest. However, the broader sentiment around Worldcoin continues to be cautious due to persistent controversy over its biometric data practices.

Regulatory agencies in Europe and Latin America have intensified their scrutiny of Worldcoin’s World ID initiative, particularly its use of iris-scanning devices (known as “Orbs”) and the storage of sensitive personal data.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
RELATED ARTICLES

LATEST ARTICLES