Brazilian Enterprises Shift 78% of Trading Volume to Stablecoins on Election Day, USDT Surges 800%
According to CoinDesk, Brazilian enterprises turned to stablecoins on October 25 during the country's elections to hedge against currency depreciation. Corporate accounts accounted for 78% of trading volume on the day, with USDT transactions surging nearly 800% compared to the previous week—more
GateNews·10-28 03:16
