Stablecoin Adoption Rises in Brazil to Leverage Tax Limbo
Exchanges in Brazil have reported an increase in the adoption of stablecoins since the Financial Transaction Tax (IOF) more than tripled from 1.1% to 3.5%, affecting foreign payments and purchases of foreign currency in...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Bitcoin NewsRelated market context
Ripple and Water.org Expand Stablecoin Work as Aid Payments Move Faster
TL;DR Ripple announced an expanded Water.org partnership in late October. The work includes payments, stablecoin settlement and di...
Circle’s November 4 Results Will Put USDC Growth and Reserve Economics in Focus
TL;DR Circle has scheduled Q3 results for November 4. The webcast is set for 8 a.m. Eastern, or 13:00 London time. Reserve backing...
DMG Says Client Assets Are Secure and Highlights Layered Transaction Controls
TL;DR DMG said on October 31 that it and its affiliates were unaffected by the Binance incident. The company described restricted...
NEC explores biometric identity verification with Avalanche for stablecoin payments
Biometric verification in stablecoin payments could revolutionize digital identity, enhancing security and efficiency in global tr...
Brazil’s Mercado Bitcoin Puts Security Incident at $38 Million, Says Clients Won’t Lose Assets
Mercado Bitcoin said about $38 million in assets was involved in the security incident that led the Brazilian exchange to halt dep...
Tether CEO casts the stablecoin giant as Asimov’s Foundation at Plan ₿ Forum
Tether's strategic shift towards decentralized infrastructure and financial inclusion could redefine its role in the crypto ecosys...