Brazil

Brazil

Finance

Brazil industry giants representing 850 companies decry stablecoin tax threat

They argue the tax would be illegal, violating Brazil's Constitution and Virtual Assets Law, as stablecoins are not considered fiat currency.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Markets

Latin America’s crypto user growth outpaced U.S. by 3x in 2025, report shows

Brazil and Argentina are leading the growth, with Brazil dominating by transaction size and Argentina seeing increasing adoption driven by cross-border payments and stablecoin use.

Latin America (Leon Overwheel/Unsplash)

Policy

Brazil moves to ban algorithmic and other stablecoins like Ethena’s USDe

New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked, algorithmic or other stablecoins.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Finance

Brazilian exchange Mercado Bitcoin outlines 6 crypto trends shaping markets in 2026

The stablecoin sector is expected to grow to $500 billion, while altcoin ETFs are projected to reach $10 billion, driven by regulatory clarity and adoption.

Daniel Cunha, Mercado Bitcoin's head of corporate development (Mercado Bitcoin)

Finance

Tokenized Brazilian credit card debt offers 13% yield through BlackOpal's GemStone platform

The initiative leverages the Plume Network to tokenize credit card receivables, while giving merchants immediate access to cash.

A wallet full of credit cards

Finance

Former Brazil central bank official unveils real-pegged stablecoin with yield sharing

The stablecoin will be backed by Brazil's National Treasury bonds and offer exposure to the country's interest rate, currently 15%.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Finance

Brazil’s Gen Z drives crypto boom as stablecoins, income tokens surge

Digital fixed-income products are experiencing rapid growth, with $325 million distributed on Mercado Bitcoin's platform in 2025.

Brazil flag (Shutterstock)

Finance

Brazilian stock exchange B3 to launch its own tokenization platform and stablecoin

The stablecoin will facilitate tokenized asset transactions and is expected to be linked to the Brazilian real.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Policy

Brazil to test blockchain in state real estate auction to reduce fraud, disputes

The São Paulo auction will record every document involved in the process on blockchain, making it a public, traceable, tamper-evident record.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Finance

Brazil’s Largest Asset Manager Recommends Investors Put Up to 3% of their Money in Bitcoin to Hedge Against FX, Market Shocks

The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency.

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