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2026-05-05 08:35:01

The exclusion of stablecoin settlement from the cross-border payment system will have a significant impact on the remittance market in Latin America, and the "underground" use of USDT is expected to increase.

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CryptoFrontier2026-05-03 06:44:54

Brazil Central Bank Bans Crypto in Cross-Border Payments

Brazil's central bank has banned stablecoins and cryptocurrency settlement in cross-border payments, according to the announcement. The ban applies to fintechs and payment firms, effectively closing the back-end payment rail for cross-border crypto flows. However, individual crypto investors

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