ChainCatcher news, according to the official blog, today at the São Paulo Circle Forum, the stablecoin USDC issuer Circle announced its official launch in Brazil. This strategic expansion marks the opportunity to provide dollar-backed digital dollars and digital asset infrastructure to the market.Circle is collaborating with regional companies such as BTG Pactual (the largest investment bank in Latin America) and Nubank to launch digital asset products, enabling users to access USDC almost instantly, at low cost, and around the clock.

ChainCatcher news, according to Cointelegraph, Brazilian investment bank BTG Pactual is acquiring crypto-friendly broker Orama DTVM as part of its strategy to expand its digital banking platform. BTG Pactual has signed an agreement to purchase 100% of Orama for 500 million Brazilian reais (approximately 98.7 million USD), with plans to launch its own stablecoin.It is reported that Orama was founded in 2011 and manages assets of nearly 18 billion reais (approximately 3.6 billion USD), serving around 360,000 clients. Orama focuses on the distribution of investment funds and fixed income products, while also exploring cryptocurrency investments.