According to TechFlow, on September 17, The Block reported that Circle announced that its USDC, a stablecoin pegged to the US dollar, has officially entered the Brazilian and Mexican markets. Users can now directly exchange Brazilian reals and Mexican pesos for USDC without first converting to US dollars. Circle already supports local bank transfers through the Brazilian PIX and Mexican SPEI real-time payment systems, reducing the time to obtain USDC from days to minutes. Enterprises can obtain USDC from local financial institutions for their own use or provide it to retail customers.