Coins.xyz launched in Brazil, offers game-changing solutions for foreign companies Investing.com

São Paulo, Brazil — Coins.xyz, founded by former Binance CFO Wei Zhou and led by other former Binance executives, is launching in Brazil this January 2025 with a full suite of innovative crypto and fiat financial services for retail users and businesses.

Entering Brazil’s vibrant financial ecosystem has long been a challenge for foreign companies, burdened by complex tax policies and regulatory requirements. Coins.xyz Brazil eliminates these barriers with its innovative crypto banking solution, enabling companies to seamlessly enter the market without the need for local incorporation.

Businesses using Coins.xyz Brazil can seamlessly process fiat deposits and withdrawals using PIX, Brazil’s leading instant payment platform. They can stabilize finances by protecting BRL balances with dollar stablecoins and effectively manage liquidity and currency conversion. The platform also offers over the counter (OTC) trading without extras fees. Its scalable API and robust infrastructure further simplify fiat and stablecoin liquidity management

The complexity of setting up a local entity often deters global businesses from entering Brazil, but Coins.xyz Brazil provides an affordable, cost-effective alternative. By removing these obstacles, Coins.xyz allows companies to focus on growth and operations.

“We at Coins.xyz are committed to empowering businesses with financial solutions that combine the best of fiat and crypto. Through this service, we are opening the door to Brazil’s dynamic market, helping companies expand effortlessly and providing them with the innovative services and infrastructure they need to get started in the market,” said Wei Zhou, Founder and CEO of Coins.xyz.

Payment aggregators, e-commerce platforms, gaming companies and streaming services can benefit significantly from this solution. These industries depend on smooth cross-border financial transactions. The Coins.xyz platform provides the tools needed to simplify payments, manage liquidity and stay competitive in a dynamic market.

With a team of seasoned leaders in the cryptocurrency industry, including founder and CEO Wei Zhou, who was instrumental in Binance’s hyper-growth, and Guilherme Bissoli, Binance’s former head of fiat, who leads Brazil operations, Coins.xyz brings unparalleled expertise and commitment to facilitating access to market.

Coins.xyz not only simplifies access to the Brazilian market; is redefining the way global businesses operate in developing economies. Discover how Coins.xyz Brazil can accelerate your market entry and position your business for success.

For more information, visit the Coins.xyz Brazil website at https://www.coins.xyz/pt-br/.