Circle Targets Latin America’s Payments Market With USDC Settlement Pilot in Colombia

TL;DR: Circle partnered with technology firm ACI Worldwide to integrate settlements using the USDC stablecoin into existing banking infrastructure in Latin America. The initial pilot project is being implemented in Colombia through the Bre-B interoperable instant payment system and the ACI Connetic cloud platform. The initiative aims to demonstrate the coexistence of digital and traditional rails without disrupting current treasury processes and banking governance. In the middle of the trading day on Tuesday, October 27, Circle announced that it is joining forces with ACI Worldwide to deploy a USDC settlement pilot program aimed at the banking sector in Colombia. The agreement links the technical infrastructure of the digital token with ACI Connetic, the cloud-based payment orchestration platform developed by ACI Worldwide .

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