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Cryptocurrencies: 29568
Markets: 110498
Market Cap: $2,228,879,864,812     
24h Vol: $44,079,626,474
Coin-turk.com 2026-05-02 17:52:52

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

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.
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