MarketBullish
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Source: CoinDesk

Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, even as dollar-linked stablecoins account for about 90% of Brazil's crypto transactions.
CoinMagnetic Team
Crypto investors since 2017. We trade with our own money and test every exchange ourselves.
Updated: July 2026
From our insights:
Related news

Market
Bitcoin is trading through a dangerous weekend as 20% of the world’s oil hangs in the balance
CryptoSlate

Market
GPT-5.6 vs Fable 5 Review: Which One You Pick Depends on These Factors
Decrypt

Market
Massive bitcoin call spreads target $72,000 by month end, right when the Fed meets
CoinDesk

Market
Tokenization has become a strategic priority for 84% of financial firms
CoinDesk

Market
Bitcoin must defend $62,500 as altcoins lose $8.8 billion in a week
CryptoSlate

Market
CryptoQuant says Strategy still needs disciplined bitcoin buying and selling framework
The Block