USDC Liquidity Partner for a Brokerage Commercial Manager: Not Losing Clients to Informal Stablecoin Solutions in Brazil
How a brokerage commercial manager retains clients with international operations by referring them to a USDC liquidity partner with a share of the spread.
A commercial manager at an FX brokerage faces one risk: the client with international operations moves to an informal stablecoin solution. With Crown FX the brokerage refers the client, shares in the spread of each operation and keeps the relationship.
Points to settle
- The share of the spread on each operation.
- Retention of the relationship and of the client book.
- The model: referral or, if the brokerage notifies the Central Bank of its virtual-asset activity, USDC liquidity provider.
Why a formal rail matters. Without one, clients turn to informal solutions and the relationship leaves the brokerage. Crown operates under Central Bank rules and in September 2026 had its authorization application on file, under the transition regime.
See Liquidity Provider versus FX-as-a-Service, KYC and AML controls at a BRL stablecoin issuer and traditional FX versus stablecoin FX.