Tranzify

Crypto · Latin America · Available

USDC in Brazil

USDC is one of the payment methods in Brazil. Payments are made in USDC; the method supports pay-in, payout; settlement: on-chain; chargebacks: not possible. The payments regulator in Brazil is Banco Central do Brasil (BCB). Providers for USDC in Brazil in the Tranzify catalogue: Cryptomus.

Key facts

Currency
USDC (USD Coin (USDC))
Operations
Pay-in · Payout
Settlement
on-chain
Chargebacks
not possible
Payments regulator
Banco Central do Brasil (BCB)

Providers for USDC in Brazil

ProviderProvider typeSupported operationsStatus at Tranzify
CryptomusCrypto providerPay-in, PayoutOn request

How a payment goes through

  1. 1The checkout shows a deposit address and the exact amount in the asset
  2. 2The payer sends from any wallet or exchange
  3. 3The provider waits for the confirmations the network needs
  4. 4Webhook to the merchant; settlement in the asset or in fiat by the licensed provider

Other payment methods in Brazil

TypePayment methodsshare of e-commerce payments
Bank transfers & instant paymentsPIX42 %
Cash & vouchersBoleto Bancário10 %
CardsVisa—
CardsMastercard—
WalletsMercado Pago—
CryptoUSDT (Tether)—
WalletsApple Pay—
WalletsGoogle Pay—
WalletsPayPal—

USDC in other countries

Frequently asked questions

Which providers offer USDC in Brazil?+
In the Tranzify catalogue USDC in Brazil is offered by Cryptomus. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is USDC used in Brazil?+
The catalogue has no published market share for USDC in Brazil; the method is listed among the country's payment methods.
Which operations does USDC support in Brazil?+
USDC supports pay-in, payout. Settlement is on-chain and chargebacks are not possible; the amounts are in USDC.
Who holds the licence for USDC in Brazil?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Brazil is Banco Central do Brasil (BCB).

Articles about Brazil

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