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Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments

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

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

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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