The Central Bank of Brazil proposes a 24-hour freeze on stablecoin transfers exceeding $10k. According to the Central Bank of Brazil, the institution proposed a new measure on June 26 that imposes a 24-hour holding period on stablecoin remittances and cross-border payments exceeding $10k. This holding period allows virtual asset service providers (VASPs) and exchanges to conduct risk analysis and due diligence on such transactions before releasing them. The central bank stated that this retention is "purely preventive in nature," and funds can be released early if risks are adequately addressed. The measure mainly affects institutional and B2B use cases, rather than retail users. Interested parties can submit comments on the proposed rule until July 2.