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Techub News reports, according to CoinPost, that the Central Bank of Brazil announced on April 30th that the use of cryptocurrencies, including stablecoins, for international settlements in the cross-border payment service "eFX" is prohibited, requiring the use of traditional foreign exchange systems or accounts denominated in the fiat currency "Real." The central bank governor previously stated last year that cryptocurrency usage had surged over the past two to three years, with approximately 90% related to stablecoins. This ban aims to strengthen regulation of international capital flows, while individual cryptocurrency transfers have not been prohibited.