Coinbase has expanded its services in Brazil by allowing users to buy and sell USDC directly against the Brazilian real on Coinbase Advanced.
This change removes an intermediate trade or conversion route, reducing BRL-USDC onramping costs by 85%, according to Coinbase's announcement on August 19.
The company views this launch as part of its expansion in Brazil, a significant crypto market.
More on Crypto
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
