Brazilian companies turned to stablecoins on election day to dodge a currency crash

Source: CoinDesk · 2026-10-27 16:59 UTC

Brazilian companies turned to stablecoins on election day to dodge a currency crash

USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.

Read the full story at CoinDesk

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