EconomyBrazilian firms turned to stablecoins on election day to avoid a currency crash
USDT trading volume on Brazil’s Mercado Bitcoin rose nearly eightfold, while bitcoin volume climbed 865%. Binance’s USDT/BRL market tripled as the global BTC/USDT pair declined.
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CoinDesk★★☆☆☆2026-10-27 16:59Original
Brazilian firms turned to stablecoins on election day to avoid a currency crash
Economy