Coinbase has announced that users in Brazil can now buy and sell $USDC directly against the Brazilian real on Coinbase Advanced. In its Aug. 19 announcement, the company said the change removes a step in the trading flow and reduces BRL $USDC onramping costs by 85%.
The rollout concerns direct BRL-to-$USDC access on Coinbase Advanced. Coinbase presented the launch as part of its expansion in Brazil, which it described as a significant crypto market.
What is changing
Rather than requiring an intermediate trade or conversion route, eligible users can trade $USDC directly in BRL on the Advanced platform. The company said the design is intended to lower friction and costs for users seeking dollar-denominated stablecoin liquidity.
Coinbase’s 85% figure is its own claim about the reduction in $USDC onramping costs via BRL on Coinbase Advanced. The release does not provide a universal fee schedule in the announcement, so actual costs can depend on the applicable account, product and transaction conditions.
Stablecoin context
The company linked the product change to its broader view of stablecoins as payment and settlement infrastructure. Those wider market statements are Coinbase’s characterization, not independently verified transaction results from this launch.
The announcement is a product-access update, not a change to the $USDC protocol or a new stablecoin issuance. Users should consult Coinbase’s in-product disclosures and regional terms for availability and applicable charges. The company did not announce a change to $USDC redemption mechanics in the post.