Stablecoins account for 90% of crypto use in Brazil — Central bank chief
Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Securitize Cuts Out Stablecoin Middlemen in Deal With Anchorage Digital Bank
Securitize now creates and redeems stablecoins directly with Anchorage Digital Bank, N.A., the two companies announced on Tuesday....
Centralized exchanges avoid listing legacy crypto tokens without SEC immunity
Exchanges' cautious approach to legacy tokens may drive traders to decentralized platforms, impacting market dynamics and regulato...
OCC finalizes federal framework for GENIUS Act stablecoin oversight
The OCC's reevaluation of stablecoin rewards could reshape regulatory compliance, impacting how firms structure incentives and par...
Vantage and Rio Bank settle a loan payment with tokenized deposits on Ethereum
This event highlights the potential for blockchain to revolutionize banking by enhancing transaction speed, efficiency, and compli...
Vantage and Rio Bank Use Tokenized Deposits for Loan Payment on Ethereum
Participate says principal and interest reached the receiving bank’s wallet in under three minutes, with loan balances and notices...
Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant...