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Circle gains traction in Bogota among banks and fintechs, Jeremy Allaire notes

Circle gains traction in Bogota among banks and fintechs, Jeremy Allaire notes
Circle gains ground with banks in Bogota

Jeremy Allaire, co-founder, chief executive officer and chairman at Circle, shared observations from several days spent in Bogota, Columbia, where he noted growing excitement around Circle, USDC and Arc projects.

Allaire reported meeting with leading banks, fintech companies, crypto exchanges and AI developers in the region, and said he was impressed by the energy and momentum in the local ecosystem.

Allaire has previously highlighted BNY Mellon’s role as a primary USDC liquidity and custody hub, expanding digital dollar integration for institutional clients. In another development, Amazon began using USDC-based payments to compensate content owners for data used by AI bots. These moves signal growing adoption of USDC across both traditional finance and the tech sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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