Exchanges· ★★★· bullish·

Circle partners with Allaria to deepen USDC liquidity in Argentina

  • —Allaria will quote both buy and sell prices for USDC against the Argentine peso
  • —The service targets eligible institutional participants, not retail users
  • —USDC accounts for about 46% of Argentina's stablecoin transaction volume
  • —Circle opened institutional USDC access via Grupo BIND's BEN platform in July
Why it matters: Circle is strengthening USDC's position in a region dominated by USDT by adding local quoting infrastructure for institutions.
Source: Crypto Briefing