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•75% Informative
Circle, the firm behind the USDC (USD Coin) stablecoin, has now entered Brazil and Mexico .
The firm has integrated national real-time payment systems in both countries, PIX in Brazil and SPEI in Mexico .
This move eliminates the need for costly and slow international wire transfers.
The expansion of USDC as a means of payment in Mexico is most suitable for the remittance market.
By 2023 , Mexico received more than $63 billion in remittances from the US alone.
VR Score
62
Informative language
52
Neutral language
74
Article tone
formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
5
Source diversity
3
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