Circle and BIND Group Partner to Provide USDC Access to Argentine Institutions
2026-07-17 03:54
Odaily Planet Daily News: Circle has formed a strategic alliance with Argentine financial services group BIND Group, which will provide USDC liquidity access to Argentine enterprises through BIND's licensed virtual asset service provider, BEN.
BIND Group has total assets exceeding $2 billion, and its core banking entity, BIND Banco Industrial, provides services to institutions and corporations. BEN will operate in compliance with Argentine regulatory requirements, supporting scenarios such as payments, treasury management, and digital asset transfers.
BIND Vice President Andrés Meta stated that expanding institutional access to USDC is an important step for Argentina's digital asset ecosystem. Circle CEO Jeremy Allaire noted that Argentina has become a more attractive destination for foreign investment.
Argentina is one of the few markets in Latin America where USDC adoption levels are close to those of USDT. Oobit, supported by Tether, disclosed that transactions completed by Argentine users using USDC account for 46% of the country's total stablecoin transaction volume.
BIND Group has total assets exceeding $2 billion, and its core banking entity, BIND Banco Industrial, provides services to institutions and corporations. BEN will operate in compliance with Argentine regulatory requirements, supporting scenarios such as payments, treasury management, and digital asset transfers.
BIND Vice President Andrés Meta stated that expanding institutional access to USDC is an important step for Argentina's digital asset ecosystem. Circle CEO Jeremy Allaire noted that Argentina has become a more attractive destination for foreign investment.
Argentina is one of the few markets in Latin America where USDC adoption levels are close to those of USDT. Oobit, supported by Tether, disclosed that transactions completed by Argentine users using USDC account for 46% of the country's total stablecoin transaction volume.
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