Brazil bans stablecoins in eFX, $6-8B monthly volume hit

🚨 Brazil bans the use of stablecoins and crypto for overseas money transfers in $6 to $8 billion monthly eFX transactions. Major cross-border platforms must now restrict crypto-based payment channels. 🧐 Critical data: 90% of Brazil’s crypto transfers relied on stablecoins, directly impacting $XRP and related providers. Continue Reading:Brazil bans stablecoins in eFX, $6-8B monthly volume hit The post Brazil bans stablecoins in eFX, $6-8B monthly volume hit appeared first on COINTURK NEWS.