Matera, a technology provider for the financial system, has partnered with Circle (NASDAQ:CRCL), a global issuer of USDC through its regulated affiliates, a dollar-backed stablecoin. This alliance offers native integration between a real-time banking infrastructure and a fully reserved, transparent stablecoin.
Rather than treating stablecoins solely as a store of value, this partnership unlocks their use in everyday near-instant payments—secure, fast, and accessible—directly from banking and Fintech platforms powered by Matera’s real-time ledger, Digital Twin.
The integration between Matera’s Digital Twin and Circle’s Platform allows financial institutions to offer multi-currency account experiences, where BRL, USD, and USDC balances coexist and operate in real time. These scenarios become viable without requiring institutions to build complex infrastructure from scratch. The integration natively connects local payment rails (like PIX) to global liquidity in USDC, unlocking faster, cheaper, and more transparent global payment operations.
“We are ushering in a new layer of global banking infrastructure. 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,” said Carlos Netto, CEO of Matera.
USDC is a fully reserved stablecoin backed by highly liquid cash and cash equivalent USD assets that are redeemable 1:1 for U.S. dollars. With Circle’s technology, Matera’s clients will be able to offer USDC as a balance option in their platforms. This allows people to send, receive, and pay with USDC around the world, just like using local currency.
“Integrating USDC into Matera’s widely used technology will empower Brazilian financial institutions to make fast, cost-efficient, and transparent global payments. With USDC, it will be easier to access the global digital economy with a transparent digital dollar,” added Daniel Mangabeira, VP of policy and regulatory strategy for Brazil at Circle.
