Stablecoins Dominate $6.9B Brazil Crypto Market
Brazil’s Central Bank reports $6.9B Q1 2026 crypto volume, with stablecoins at 98%. President Lula pauses stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest market. #Update #Crypto
Brazil’s Central Bank reports $6.9B Q1 2026 crypto volume, with stablecoins at 98%. President Lula pauses stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest market. #Update #Crypto
@Itau Ventures invests up to $10M in Minter for mobile bitcoin mining data centers, targeting Brazil’s $1.2B energy curtailment market by 2025. #Update #Crypto $BTC
Brazil delays 3.5% stablecoin tax amid backlash, boosting adoption as inflation impacts President Lula’s election bid against Flavio Bolsonaro. #Update #Crypto $USDT
Brazil’s Federal Police arrested MC Ryan SP in a $320M crypto laundering ring, Operation Narco Fluxo, spanning 8 states. Suspects face charges. #Breaking #Legal @FederalPolice
Brazil’s inflation at 4.14% prompts shrinkflation, impacting consumer budgets amid Middle East conflict. President Lula faces reelection challenges. #Update #Economy
Brazil’s fintech groups warn that extending the financial transaction tax to stablecoins could hinder innovation and violate legal frameworks, representing over 850 companies in the sector. #Update #Legal $USDT $USDC
Latin America’s crypto market grew 60% in 2025, reaching $730B in transactions, with Brazil leading at $318.8B. Monthly active users rose 18%, three times faster than the U.S. #Update #Crypto $USDT
The MERGE Conference in São Paulo from March 17-19 will host over 5,000 participants and focus on cryptocurrency regulations, including stablecoins and digital finance integration. Key attendees include @Visa, @Santander, and Brazil’s Central Bank. #Update #Crypto
Brazil’s younger investors, particularly those under 24, are driving crypto adoption, focusing on stablecoins and digital fixed-income products like Renda Fixa Digital, reflecting a shift towards cautious investment strategies. #Update #Crypto $USDT
@B3 is launching a tokenization platform and stablecoin linked to the Brazilian real in 2024, enhancing crypto trading and liquidity. New derivatives for $BTC, $ETH, and $SOL are under review. #Update #Crypto $BTC $ETH $SOL
@Itaú Asset Management recommends investors allocate 1%-3% of portfolios to $BTC, citing its diversification benefits amid market volatility. Bitcoin currently trades at $90,378.26. #Update #Crypto $BTC
Brazil’s crypto market sees $6B-$8B monthly transactions, primarily in stablecoins like $USDT and $USDC. New tax rules, DeCripto, start July 2025 to enhance oversight. #Update #Crypto $USDT $USDC
Banco Inter and @Chainlink successfully conducted a blockchain pilot enabling real-time CBDC trade settlements between Brazil and Hong Kong, enhancing global trade finance with reduced costs. #Update #Crypto $LINK
@MercadoBitcoin is shifting focus from crypto trading to becoming a financial hub in Brazil, emphasizing digital fixed income and remittances, with trading revenue dropping from 95% to 60%. #Update #Crypto $BRL