Circle Integrates USDC at Allaria, Argentine Brokerage

Allaria Digital will operate with USDC as a Virtual Asset Service Provider before the CNV. The brokerage firm will act as a provider of institutional liquidity. Allaria, founded in 1968, announced on October 20, 2026, a partnership with Circle to expand institutional liquidity and access to USDC in Argentina. Through this alliance, Allaria Digital S.A. will enable eligible participants to access USDC directly. Allaria S.A. will provide buy and sell quotes for the USDC/ARS pair in local markets. The use of existing trading infrastructure aims to increase market depth and achieve efficient execution for those trading the asset in Argentina. The operation of virtual assets is carried out through Allaria Digital, registered as a Virtual Asset Service Provider under number 132 before the CNV. This structure allows for the provision of custody and operational solutions to individual and institutional investors, while Allaria S.A. maintains its role as a Comprehensive Settlement and Clearing Agent. Juan Politi, CEO of Allaria, stated that the firm positions itself as a natural partner for this local development. Kash Razzaghi from Circle highlighted that Argentina is at the forefront of digital dollar usage, making it essential to have local liquidity and direct connections with financial markets.

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