Circle, the USDC stablecoin issuer, announced on October 20, 2026 a strategic partnership with Allaria, an Argentine financial services firm with over 55 years of experience. The alliance aims to establish two-sided USDC/Argentine peso quotations, offering institutional players improved access to digital dollar liquidity. This is Circle’s second partnership in Argentina this year, following the July agreement with Grupo BIND through the BEN platform. USDC now accounts for nearly 46% of stablecoin transaction volume in the country, a significant share in a region where its competitor USDT traditionally dominates.
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