Brazil's crypto usage has surged, with stablecoins accounting for nearly 90% of the digital asset flow, according to the ...

Brazil's central bank chief Gabriel Galipolo notes a surge in crypto asset usage, driven largely by stablecoins. This trend, ...

Brazil's Central Bank is taking steps towards the widespread adoption of stablecoins in the country. By acknowledging the potential benefits of these ...

These coins are pegged to tangible ... Galipolo touched on Brazil's innovative Drex system. Unlike a traditional central bank digital currency, Drex serves as a digital payment infrastructure ...

Coins.xyz Brazil eliminates these barriers with its ... balances with USD stablecoins and efficiently manage liquidity and currency conversion. The platform also provides over-the-counter (OTC ...

Central bank chief says Brazil’s Drex is not a CBDC In the report, the official also said that the country’s Drex digital currency project is not a central bank digital currency (CBDC).

Brazil's financial world experienced a shock on December 18, when the country's currency, the real, fell 2.8% — hitting an all-time low of 6.2 reals per $1 (6.5 per €1) and shedding almost a ...

BRICS doesn’t plan to create a new common currency to replace the dollar, Kremlin spokesman Dmitry Peskov said.

Shortly before the Christmas holiday season, the Brazilian financial world experienced a shock: The country's currency, the real, fell 2.8% on December 18 hitting an all-time low of 6.31 per US ...