Argentine Banfield Football Club Player Transfer Funds Use Stablecoin Payments

Brazil's São Paulo football club announced the introduction of Argentina's Banfield football club player Giuliano Galoppo, and the transfer funds were paid in the form of stable currency USDC through the Latin American exchange Bitso. It is reported that Bitso is a sponsor of the Brazilian team Sao Paulo. Thales Araújo de Freitas, CEO of Bitso Brazil, called the deal a "historic moment for Bitso, São Paulo and South American football more broadly".