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
Ripple reports institutions are adopting multi-stablecoin strategies for global payments, using $USDC, $USDT, RLUSD. Regulatory frameworks like MiCA may require compliant assets. #Update #Crypto $USDC
Morgan Stanley launches Stablecoin Reserves Portfolio to support stablecoin issuers’ reserve investments, expanding its digital asset strategy. #Update #Crypto $USDC
Major platforms like @Binance and Bitget integrate $XRP Ledger, expanding XRP and RLUSD support across exchanges, payments, and wallets. Rakuten enables XRP for 44M users in Japan. #Update #Crypto $XRP
@DoorDash partners with @Tempo to launch stablecoin payments in 40+ countries, enabling faster payouts and reduced transfer costs for merchants and couriers. #Update #Crypto $USDC
Brazil delays 3.5% stablecoin tax amid backlash, boosting adoption as inflation impacts President Lula’s election bid against Flavio Bolsonaro. #Update #Crypto $USDT
BIS General Manager Pablo Hernández de Cos warns that the $320 billion stablecoin market, dominated by $USDT, poses financial stability and AML risks. #Update #Crypto $USDT
Tokyo launches a 40M yen subsidy for companies using yen-based stablecoins to boost a digital economic zone, highlighting regulatory advantages over USD counterparts. #Update #Crypto
Circle’s USDC Bridge launched, enabling 1:1 cross-chain transfers via CCTP, processing $600M in 24 hours. CCTP V1 phases out by July 31, 2026. #Update #Crypto $USDC
French Finance Minister Roland Lescure urges EU banks to launch euro stablecoins by 2026, countering U.S. dominance with Tether’s $185B vs. Societe Generale’s €107M.
@Tempo launches Zones, a private stablecoin execution environment, enhancing enterprise blockchain privacy for payroll and treasury settlements. Available to design partners now. #Update #Blockchain
Singapore Gulf Bank launches 24/7 stablecoin minting on SGB Net, waiving Solana gas and bank fees temporarily to boost adoption. Supports USDC; plans to add USDT, USDe, USDG. #Update #Crypto $SOL
Ecoanalitica proposes a stablecoin to address Venezuela’s dollar shortages, with Conexus developing a settlement system. Stablecoins may integrate into banks bypassing Central Bank controls. #Update #Crypto
@Circle’s CEO Jeremy Allaire forecasts a yuan-backed stablecoin within 3-5 years, highlighting Hong Kong’s role in cross-border payments and the evolving tech competition among currencies. #Update #Crypto $USDC