PHILADELPHIA, PA — Matera has announced an innovative partnership with Circle to accelerate the adoption of USDC, a dollar-backed stablecoin, within real-time banking systems. This landmark collaboration represents the first native integration of a real-time banking infrastructure in the region with a fully-reserved, transparent stablecoin.
The integration centers around Matera’s Digital Twin real-time ledger, allowing financial institutions to manage multi-currency accounts with seamless interoperability. For the first time, balances in Brazilian real, USD, and USDC can coexist within the same platform, empowering banks and fintechs to facilitate near-instant, low-cost global transactions without building separate infrastructure. Local payment rails, like Brazil’s PIX system, can now connect directly to USDC’s global liquidity, streamlining international operations for businesses and individuals.
“We are ushering in a new layer of global banking infrastructure,” said Carlos Netto, CEO of Matera. “Interoperability between stablecoins and local currency accounts is no longer a side project—it’s now at the heart of the financial system. This is a game-changer for banks and fintechs looking to operate globally with near-instant settlement and low costs.”
USDC is a fully-reserved stablecoin backed by liquid cash and cash equivalent assets, maintaining a 1:1 value with the U.S. dollar. Through Circle’s technology, Matera’s clients will be able to offer USDC as an account balance option. Users can send, receive, and pay with USDC as seamlessly as they would transact with local currency, bridging the gap between global digital economies and traditional financial systems.
“Integrating USDC into Matera’s widely used technology will empower Brazilian financial institutions to make fast, cost-efficient, and transparent global payments,” added Daniel Mangabeira, VP of Policy and Regulatory Strategy, Brazil at Circle. “With USDC, it will be easier to access the global digital economy with a transparent digital dollar.”
This partnership has the potential to reshape the financial landscape, bringing scalability, efficiency, and transparency to global payments. By enabling local institutions to leverage USDC for cross-border transactions, Matera and Circle set the stage for further innovation in banking and fintech interoperability.
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