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5 results for “USDT”
Brazil’s Central Bank Bans Stablecoins for Remittances, Forcing Fintechs Back to Traditional Rails
Central Bank Resolution 561 prohibits fintechs from using stablecoins like USDT for cross-border settlement, raising remittance costs for Brazilians.
Brazil Targets Stablecoin Arbitrage With 24-Hour Hold Rule
The Banco Central do Brasil proposes a 24-hour hold on stablecoin transfers over $10,000, disrupting cheap cross-border remittance channels.
Tether Leads R$100M Funding Round in Mercado Bitcoin Parent
Stablecoin giant Tether invests R$100 million in 2TM, the parent of Mercado Bitcoin, to scale Latin American tokenization, payments, and credit.
Brazil Mandates DeCripto as Stablecoins Rule Crypto FX
Brazil's Federal Revenue Service makes the DeCripto reporting framework mandatory to track stablecoins, which dominate 80% of local digital asset volume.
Brazil Stablecoin Volume Hits 80% Ahead of DeCripto Launch
Stablecoins dominate 80% of Brazil's crypto market as the mandatory DeCripto reporting platform launches, forcing foreign exchanges to declare transactions.