Circle Partners With BIND Group to Provide USDC Liquidity Access in Argentina

Circle has formed a strategic alliance with Argentine financial services group BIND Group to provide USDC liquidity access for Argentine businesses through BEN, BIND’s licensed virtual asset service provider. According to Odaily, BIND Group has more than $2 billion in total assets, and its core banking entity, BIND Banco Industrial, serves institutional and corporate clients. BEN will operate under Argentine regulatory requirements and support payments, treasury management, and digital asset transfers. BIND Vice President Andrés Meta said expanding institutional access to USDC is an important step for Argentina’s digital asset ecosystem. Circle CEO Jeremy Allaire said Argentina has become a more attractive destination for foreign investment. Argentina is one of the few markets in Latin America where USDC adoption is close to USDT levels. Tether-backed Oobit disclosed that transactions made by Argentine users with USDC accounted for 46% of the country’s total stablecoin transaction volume.