Chainalysis: Stablecoins account for 70% of Brazil’s exchange outflows

Denis Omelchenko

Stablecoin transaction value on Brazil’s local exchanges has surged well beyond Bitcoin, reflecting a sharp rise in their use for B2B cross-border payments. Brazil‘s stablecoin market is thriving, as Latin America becomes the second-fastest-growing region with a year-over-year growth rate…

Go here to Read this Fast! Chainalysis: Stablecoins account for 70% of Brazil’s exchange outflows

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Chainalysis: Stablecoins account for 70% of Brazil’s exchange outflows