Latest news with #CarlosNetto
Yahoo
12-06-2025
- Business
- Yahoo
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.
Yahoo
12-06-2025
- Business
- Yahoo
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. Error 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
Finextra
12-06-2025
- Business
- Finextra
Matera and Circle bid to take stablecoin payments mainstream
Brazilian fintech Matera is joining forces with Circle to turn stablecoins into a payment method integrated into banks' core systems. 0 The commercial partnership sees Matera integrate Circle's USDC stablecoin for interoperability between local currency balances and digital dollars. Rather than treating stablecoins solely as a store of value, the partnership aims to unlock their use in everyday near-instant payments directly from banking and fintech platforms powered by Matera's real-time ledger, Digital Twin. The integration between Digital Twin and Circle's platform allows financial institutions to offer seamless multi-currency account experiences, where Brazilian reais, US dollars and USDC balances coexist and operate in real time. The integration natively connects local payment rails (like PIX) to global liquidity in USDC, unlocking faster, cheaper, and more transparent global payment operations, says Matera. "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," says Carlos Netto, CEO, Matera.
Business Wire
11-06-2025
- Business
- Business Wire
Matera and Circle Join Forces to Turn Stablecoins into a Payment Method Integrated with Core Banking Systems
PHILADELPHIA--(BUSINESS WIRE)--In a move to accelerate the adoption of stablecoins as a mainstream payment method, Matera, a leading technology provider for the financial system, announces a commercial partnership with Circle, the global issuer of USDC through its regulated affiliates, a dollar-backed stablecoin. This alliance marks the region's first native integration between a real-time banking infrastructure and a fully-reserved, transparent stablecoin, positioning Matera's Digital Twin realtime ledger at the forefront of interoperability between local currency balances and digital dollars. Rather than treating stablecoins solely as a store of value, this partnership unlocks their use in everyday near-instant payments—secure, fast, and accessible—directly from banking and fintech platforms powered by Matera's real-time ledger, Digital Twin. Share Rather than treating stablecoins solely as a store of value, this partnership unlocks their use in everyday near-instant payments—secure, fast, and accessible—directly from banking and fintech platforms powered by Matera's real-time ledger, Digital Twin. The integration between Matera's Digital Twin and Circle's Platform allows financial institutions to offer seamless multi-currency account experiences, where BRL, USD, and USDC balances coexist and operate in real time. These scenarios become viable without requiring institutions to build complex infrastructure from scratch. The integration natively connects local payment rails (like PIX) to global liquidity in USDC, unlocking faster, cheaper, and more transparent global payment operations. '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,' Carlos Netto, CEO of Matera. USDC is a fully reserved stablecoin backed by highly liquid cash and cash equivalent USD assets that are redeemable 1:1 for U.S. dollars. With Circle's technology, Matera's clients will be able to offer USDC as a balance option in their platforms. This allows people to send, receive, and pay with USDC around the world — just like using local currency. '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,' Daniel Mangabeira, VP Policy and Regulatory Strategy, Brazil at Circle. The collaboration between Matera and Circle advances the concept of a ' stablecoin-ready banking platform ' building bridges between traditional and digital money. More than just innovation, this is the foundation of a new global financial architecture—interoperable, inclusive, and readily available. About Circle Internet Group, Inc. Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world's largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations. For more information please visit About Matera Matera is a pioneer in modern technology powering banks and credit unions with cutting-edge solutions for Core Banking, Instant Payments, and QR Code Payments. With over 30 years of expertise and a team of 1,000+ professionals, Matera is the trusted partner behind some of the world's largest financial institutions. Two of the top three global banks, three of the top 10 U.S. banks, and one-third of all banks in Brazil rely on Matera's technology. Operating across Brazil and North America, Matera is redefining the future of digital finance. To learn more, visit:
Yahoo
28-01-2025
- Business
- Yahoo
Pix Transactions Exceed 6 Billion Monthly
Matera's latest "Pix by the Numbers" report highlights transformative growth and new developments for 2025 ATLANTA, January 21, 2025--(BUSINESS WIRE)--Matera, a global leader in instant payments, QR code, and digital ledger technology, has released its latest Pix by the Numbers report, showcasing the remarkable growth of Brazil's Pix payment system and its innovative developments for 2025. The report covers data through Q4 2024, revealing that Pix transactions have exceeded 6 billion monthly and continue to outpace credit and debit card usage. Key takeaways also provide actionable insights for U.S. financial institutions (FIs) as they look to accelerate the adoption of instant payment rails like RTP and FedNow. The Latest Data Drawing from data provided by the Central Bank of Brazil, Matera highlighted several key metrics and trends shaping the instant payments landscape: Pix Growth Outpaces Cards: An estimated 64 billion Pix transactions were processed in 2024—a 53% year-over-year (YOY) increase. This volume is 80% higher than the combined total of credit and debit card transactions during the same period. Record-Breaking Daily Usage: On December 20, 2024, Pix set a single-day record of 252.1 million transactions. Consumers Drive Adoption: Person-to-business (P2B) payments emerged as the fastest-growing use case, with P2B transaction volume growing 94% in 2024 compared to 2023. B2B on the Rise: Business-to-business (B2B) payments surged, with December 2024 B2B volume exceeding R$1 trillion (approximately $200 billion USD), marking a 56% YOY increase. What's Next Looking ahead, two key innovations are expected to drive Pix adoption further: NFC Payments: Scheduled for rollout in 2025, Pix NFC-enabled tap-to-pay will allow users to make instant payments with a simple tap, offering functionality comparable to Apple Pay but without the associated transaction fees. Pix Automatic: Launching on June 16, 2025, Pix Automatic will enable recurring payments for subscriptions, utilities, and even recurring investments, further expanding Pix's versatility. What It Means for the U.S. Brazil's success with Pix underscores the transformative potential of instant payments when designed for accessibility, ease of use, and innovation. For U.S. FIs, the next step involves applying lessons from Pix—such as interoperability, user-friendly interfaces, and QR code-driven adoption—to accelerate the widespread use of instant payments. "Pix has shown the world how instant payments can reshape a nation's payment landscape in just a few years," said Carlos Netto, CEO of Matera. "U.S. financial institutions have a unique opportunity to build on this momentum, leveraging the lessons from Brazil to unlock new revenue streams and enhance the payment experience for businesses and consumers alike." To download the full report, click here. About Matera Matera is a trusted provider of technology solutions for financial institutions. With over 30 years of experience and a team of over 1,000 professionals, Matera has deep expertise in Core Banking, Instant Payments and QR Code Payments. Two of the top three global banks, three of the top 10 U.S. banks and one-third of all banks in Brazil trust Matera. Matera operates in both Brazil and North America. To learn more, visit: View source version on Contacts Mallory AndersonYork Public RelationsMallory@ Sign in to access your portfolio
