Matera, Circle tie up to support stablecoin-ready financial platform
Matera, a financial technology provider, has reached a commercial alliance with Circle, the issuer of the USDC stablecoin.
The collaboration establishes a native integration between Matera's real-time banking infrastructure and USDC, a fully reserved digital dollar.
The agreement enables interoperability between local currency accounts and USDC through Matera's Digital Twin real-time ledger platform.
This integration allows financial institutions to offer accounts with multiple currencies, including the Brazilian Real (BRL), US Dollar (USD), and USDC.
Through this integration, local payment systems such as PIX can now be connected to the global liquidity provided by USDC, facilitating 'faster', more cost-efficient, and 'transparent' international payment operations.
Circle's technology will enable Matera's clients to offer USDC as a balance option within their platforms, allowing for the global use of USDC in transactions akin to local currencies.
Matera CEO Carlos Netto said: 'We are ushering in a new layer of global banking infrastructure. Interoperability between stablecoins and local currency accounts is no longer a side project—it's now at the heart of the financial system. This is a game-changer for banks and fintechs looking to operate globally with near-instant settlement and low costs.'
Circle Brazil Policy and Regulatory Strategy VP Daniel Mangabeira said: 'Integrating USDC into Matera's widely used technology will empower Brazilian financial institutions to make fast, cost-efficient, and transparent global payments. With USDC, it will be easier to access the global digital economy with a transparent digital dollar.'
Earlier in the month, Circle Internet Group made its NYSE debut, with its stock commencing trading at $69.
"Matera, Circle tie up to support stablecoin-ready financial platform " was originally created and published by Retail Banker International, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Luxury Electric Vehicles Industry Report 2025-2034: Key Markets Like China, the U.S., and Europe Continue to Drive Sales, While the Middle East is Integrating EVs Into Luxury Fleets
The luxury electric vehicles market is forecasted to grow from USD 202.3 billion in 2025 to USD 1.04 trillion by 2034, with a CAGR of 20.0%. Driven by innovation and sustainability, key players like Tesla and Mercedes-Benz are merging eco-conscious design with cutting-edge technology, appealing to affluent consumers worldwide. Luxury Electric Vehicles Market Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Luxury Electric Vehicles Market 2025-2034" has been added to offering. The Luxury Electric Vehicles (EV) market is poised for unprecedented growth, with its valuation expected to soar from USD 202.3 billion in 2025 to a staggering USD 1.04 trillion by 2034, reflecting a CAGR of 20.0% This dynamic sector seamlessly blends eco-consciousness with cutting-edge technology, with vehicles marketed by the likes of Mercedes-Benz, BMW, and Audi, in addition to innovative entrants such as Tesla and Lucid Motors. As environmental consciousness amplifies and emissions regulations become increasingly stringent, luxury EVs are transitioning from niche products to mainstream offerings. The market is characterized not only by high performance and opulent design but also by significant advancements in technology such as extended range capabilities, personalized AI features, and semi-autonomous driving. Exponential growth in 2024 was fueled by a broadened spectrum of model options, advancements in global infrastructure, and enhancements in vehicle range. Notable automakers like Rolls-Royce and Bentley pushed the market's boundaries by unveiling electric models steeped in ultra-luxury. Key markets like China, the U.S., and Europe continue to drive sales, while the Middle East is integrating EVs into luxury fleets. Brand partnerships with premium hotels and residential sectors are facilitating exclusive EV ownership experiences, and companies are increasingly committing to carbon-neutral operations and sustainable material use as part of their core branding. Moving forward, the luxury EV market is set to pioneer innovations such as vehicle-to-grid integration, predictive maintenance powered by AI, and interior experiences reminiscent of luxury air travel. With the advent of next-generation solid-state batteries, charging times and vehicle range will significantly improve. Automakers are expected to enhance software platforms with over-the-air updates, further personalizing the driving experience. Collaborations across fashion, technology, and automotive sectors will likely yield design-driven EVs that serve as quintessential expressions of personal style. South East Asia and Latin America are projected to develop infrastructure to support this premium segment, expanding the luxury electric corridor globally. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $202.3 Billion Forecasted Market Value (USD) by 2034 $1040 Billion Compound Annual Growth Rate 19.9% Regions Covered Global Key Insights and Trends in the Luxury Electric Vehicles Market: Luxury automakers are debuting cutting-edge electric SUVs and sedans prioritizing digital experiences and sustainability. In-car wellness features are providing immersive experiences, transforming vehicles into personal sanctuaries. OTA software updates post-purchase further enhance user personalization and cultivate brand loyalty. Incentives and high fuel costs are encouraging affluent consumers to opt for sustainable mobility solutions. Innovations in battery technology are set to boost performance and accelerate charging, crucial for enhancing the luxury EV proposition. Global Market Dynamics and Analysis: Examine trends affecting supply and demand in the luxury EV market. Recently observed geopolitical, economic, and trade dynamics are assessed for their impact on the industry. Luxury EV market competitiveness is analyzed through company profiles, including strategies, financials, and product offerings. The report presents insights into the most lucrative markets and partnerships beneficial for expansion. Companies Featured Toyota Motor Corporation Mercedes-Benz Bayerische Motoren Werke AG Ford Motor Company Volkswagen AG Hyundai Motor Company Tesla Inc. Nissan Motor Co. Ltd. Kia Corporation Audi AG AB Volvo Porsche AG Tata Motors Ltd. Lexus Lincoln Rolls-Royce Cadillac Infiniti Maserati Nio Inc. Bentley Aston Martin Lucid Group Inc. Genesis Byton Rimac Automobili Automobili Pininfarina GmbH Rivian Cano For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Luxury Electric Vehicles Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
2 hours ago
- Yahoo
Aviation MRO Industry Analysis Report 2025-2034: Predictive Maintenance Revolutionizes Aviation MRO with Digital Platforms and AR Technologies
The Aviation MRO Market, valued at USD 73.7 billion in 2025, is set to grow at a CAGR of 7.0%, reaching USD 135.2 billion by 2034. Global fleet expansion, technological advancements, and increased demand for sustainable practices drive this growth. Emerging markets in Asia-Pacific and the Middle East offer new opportunities. Aviation Mro Market Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Aviation Mro Market 2025-2034" has been added to offering. The aviation maintenance, repair, and overhaul (MRO) market is poised for unprecedented growth, advancing from a valuation of USD 73.7 billion in 2025 to an estimated USD 135.2 billion by 2034 This surge, marked by a CAGR of 7.0%, is driven by expanding global airline fleets, increased aircraft utilization, and stringent regulatory requirements. As aviation MRO services become integral to airline operations, encompassing engine repairs, component maintenance, avionics upgrades, and more, the industry's significant role in ensuring safety and reliability is underscored. Technological innovations have spearheaded transformative changes in the MRO landscape. In 2024, the market experienced a notable shift towards predictive maintenance, digital MRO platforms, and augmented reality (AR)-assisted procedures. Airlines and independent MRO providers are increasingly adopting digital solutions for real-time monitoring and predictive analytics, enhancing aircraft availability and minimizing operational disruptions. Furthermore, strategic partnerships enhance service offerings, resulting in greater efficiency and cost-effectiveness. Looking ahead, the aviation MRO market's growth trajectory remains robust due to ongoing global fleet expansions and heightened focus on sustainability and cost management. Emerging technologies such as robotics, artificial intelligence, and advanced materials are set to define future MRO operations. Notably, emerging markets in Asia-Pacific, the Middle East, and Latin America present lucrative opportunities fueled by rising aircraft orders and infrastructure development. Key Insights in the Aviation MRO Market Adoption of predictive maintenance technologies to optimize maintenance schedules. Integration of digital MRO platforms for streamlined operations. Use of robotics and automation to drive efficiency and precision. Application of AR and VR for enhanced training and diagnostics. Focus on sustainable practices, including component recycling. Global fleet growth due to increasing passenger and cargo traffic. Stringent compliance requirements necessitating regular inspections and upgrades. Airlines prioritizing reduced disruptions and optimized performance. Advancements in digitalization improving operational effectiveness. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $73.7 Billion Forecasted Market Value (USD) by 2034 $135.2 Billion Compound Annual Growth Rate 6.9% Regions Covered Global Market Segmentation By Service Type: Airframe Maintenance Line Maintenance Modification Other Services By Aircraft Type: Wide Body Regional Jet Other Aircraft Types By End User: Aircraft Operator Other End Users By Geography North America Europe Asia-Pacific Middle East and Africa South and Central America Companies Featured Delta Airlines Inc. AAR Corp. Hong Kong Aircraft Engineering Company Limited Airbus SE Singapore Technologies Engineering Limited KLM UK Engineering Limited Lufthansa Technik AG MTU Aero Engines AG Raytheon Technologies Corporation SIA Engineering Company Limited TAP Maintenance & Engineering SR Technics AG British Airways Ltd. Air-France Industries KLM Engineering & Maintenance Group Bombardier Inc. GE Aviation Inc. L3Harris Technologies Inc. Singapore Technologies Aerospace AJW Group Ameco Beijing JAL Engineering AFI KLM Engineering & Maintenance Erickson Aircraft Services Jet Aviation StandardAero Air Works Group Gama Aviation International Air Transport BAE Systems Collins Aerospace Honeywell Aerospace Pratt & Whitney For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Aviation Mro Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Online Mental Health Counseling Market worth USD 8,763.1 Million by 2032 - Exclusive Report by Coherent Market Insights
Online Mental Health Counseling Market to Reach USD 8,763.1 Mn by 2032, Growing at 10.12% CAGR as Demand for Virtual Therapy Solutions Soars Burlingame, CA, June 13, 2025 (GLOBE NEWSWIRE) -- The Global Online Mental Health Counseling Market is estimated to be valued at USD 4,462.6 Mn in 2025 and is expected to reach USD 8,763.1 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 10.12% from 2025 to 2032. The global prevalence of mental health conditions such as depression and anxiety has been steadily increasing, driving the growing adoption of online counseling services due to their convenience and accessibility. The market is experiencing positive growth trends, supported by heightened awareness of mental health issues and the reduction of stigma around seeking professional support. Additionally, technological advancements that facilitate secure virtual counseling sessions, along with streamlined insurance approvals for telehealth, are further propelling market expansion. Request Sample Pages: Global Online Mental Health Counseling Market Key Takeaways According to Coherent Market Insights (CMI), the global online mental health counseling market size is forecast to grow at a CAGR of 10.12%, expanding from USD 4,462.6 Mn in 2025 to USD 8,763.1 Mn by 2032. Based on service type, individual counseling segment is expected to generate a revenue of around USD 1,588.68 Mn in 2025. By therapy type, cognitive behavioral therapy category is projected to account for 35.1% of the global online mental health counseling market share in 2025. Regarding communication method, video conferencing segment will account for nearly one-fourth of the total online mental health counseling market revenue share in 2025. Coherent Market Insights' latest online mental health counseling market research predicts North America to account for more than two-fifths of the global industry share in 2025. Asia Pacific is expected to record fastest-growth over the forecast period, owing to rising incidence of mental health disorders and growing mental health awareness. The region will likely account for nearly 2/5 of the global industry share in 2025. Rising Mental Health Awareness Propelling Market Growth Coherent Market Insights' latest online mental health counseling market analysis offers insights into key factors driving industry growth. These include increasing prevalence of mental disorders and growing awareness of mental health. According to the WHO, about 1 in every 8 people in the world live with a mental disorder. This increasing burden of mental disorders is providing stimulus for the growth of the online mental health counseling market. Online mental health counseling is becoming a popular option for individuals seeking support and therapy from the comfort of their homes. Delivered through internet-based platforms, it has the potential to assist in managing a wide range of mental health conditions. Growing awareness of mental health disorders is expected to uplift demand for online mental health counseling. People around the world are increasingly recognizing the profound effects of mental health conditions on emotional, physical, and economic aspects. This is directing them towards online therapies like cognitive behavioral therapy and virtual psychotherapy. Limited Internet Access and Usage of Medications Restraining Market Growth The future online mental health counseling market outlook looks promising. However, limited internet access and usage of psychiatric drugs are expected to limit market growth to some extent. Many rural and underdeveloped regions lack an adequate internet infrastructure. This restricts access to online counseling services, which in turn negatively impacts the overall online mental health counseling market demand. Some patients and healthcare providers prefer pharmacological treatments over online mental health therapies due to quicker results. This might also limit online mental health counseling market growth. Buy this Complete Business Research Report: Growing Preference for Digital Therapy Creating Growth Opportunities Digital mental health platforms are gaining immense traction among individuals with mental health issues. This is due to their benefits like convenience, broader accessibility, and cost-effectiveness. Rising adoption of these online mental health platforms for managing various mental conditions will create lucrative growth avenues for the industry. Online platforms eliminate geographical and logistical barriers. Courtesy of this, they enable people in remote or underserved areas to access proper care. Similarly, online therapy is more affordable than in-person sessions. These advantages make online therapy more appealing, leading to higher adoption among people with mental health issues. Impact of AI on the Online Mental Health Counseling Market Artificial Intelligence (AI) is significantly impacting the online mental health counseling market by making therapy more accessible, efficient, and scalable. It is changing the way therapy is delivered and accessed. AI-powered chatbots and virtual therapists provide users with immediate, affordable, and anonymous support 24/7. They help to bridge critical service gaps in underserved regions or for those facing stigma. AI-powered tools not only alleviate heavy administrative burdens but also assist clinicians with data-driven insights and suggested treatment pathways. Rising adoption of these innovative technologies is expected to further boost online mental health counseling market value. Companies like Wysa lead from the forefront when it comes to AI integration in mental health solutions. For instance, in 2024, Wysa launched Wysa Copilot to elevate mental health therapy with AI. Wysa Copilot has the potential to enhance clinical care by combining AI and human support for secure, real-time, and asynchronous communication. It also provides personalized digital tools and automated patient tracking to streamline care delivery. Emerging Online Mental Health Counseling Market Trends Introduction of hybrid therapy models is becoming a key growth-shaping trend in the market. Companies are combining in-person and virtual sessions to offer flexibility and ensure continuity of care. This is helping them to woo more and more customers. Growing interest in personalized treatments is expected to foster revenue growth. Top online mental health counseling market companies are constantly focusing on offering personalized therapy sessions tailored to individual needs and preferences. Leading companies are leveraging virtual reality, AI-powered chatbots, and digital mental health apps to enhance user engagement and therapeutic outcomes. These innovations are expected to boost growth of the online mental health counseling market during the projection period. Get Customization on this Report: Analyst's View said senior analyst Ghanshyam Shrivastava. Current Events and Their Impact on the Online Mental Health Counseling Market Event Description and Impact Post-Pandemic Normalization & Hybrid Care Demand Description: Demand for hybrid models that combine online and offline counselling is growing rapidly as the world adapts to a post-COVID reality. Impact: Providers offering hybrid mental health services, including Talkspace, BetterHelp + physical clinics, are seeing increased user engagement and improved care continuity. AI Integration in Mental Health Platforms Description: Leading companies and startups are integrating AI-driven tools like chatbots, mood tracking, and personalized CBT plans. Impact: Platforms with AI tools show faster response times and higher retention rates. Platforms that use AI tools often report faster user response times, improved scalability, and even higher retention rates. For instance, Woebot, Wysa, and Youper are gaining traction for low-cost AI-first therapy alternatives. Rise in Youth Mental Health Issues (TikTok, Academic Pressure, Climate Anxiety) Description: There is a significant increase in mental health issues among Gen Z and teens due to digital overload, academic pressure, and existential crises. Impact: Mental health platforms tailored for young people, such as TeenCounseling and Mindler, are experiencing increased usage as parents and teens seek accessible, stigma-free mental health support. Competitor Insights Key companies in online mental health counseling market report include: Talkspace BetterHelp Teladoc Health Amwell MDLIVE Woebot Health iPrevail LifeStance Health Thriveworks 7 Cups Spring Health Ginger MyTherapy Modern Health Woebot Health Cerebral Key Developments In June 2024, Spring Health introduced its groundbreaking Community Care solution to advance mental health equity. The new initiative is intended to address the social determinants of health that impact mental health. In June 2024, Talkspace and FitOn partnered to provide a comprehensive mental health and fitness solution to employees. The two companies will also launch the first-ever mental health education sessions in-app. In March 2024, Magellan Health Inc. launched two new digital cognitive behavioural therapy (DCBT) programs: ThinkWarrior and ThinkHero. These news programs are made for adolescents and children suffering from anxiety. Related Reports: Role of Increasing Mental Health Disorder Burden on Cognitive Behavioral Therapy Market Size and Share (2025-2032) Behavioral Rehabilitation Market Size, Share & Trend Analysis (2025-2032) Online Mental Health Counseling Market Size, Share, Trends, and Growth (2025-2032) About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
