Brazilian companies turned to stablecoins on election day to dodge a currency crash
COINDESK · NEW YORK — USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.
- CODE
- RT-C9AC2F
- PUBLISHER
- CoinDesk
- TOPIC
- Crypto & Blockchain
- PUBLISHED
- 27 October 2026 · 16:59 UTC
- FIRST SEEN
- 28 October 2026 · 12:19 UTC
- ORIGINAL
- https://www.coindesk.com/business/2026/10/27/brazilian-companies-turned-to-stablecoins-on-election-day-to-dodge-a-currency-crash
- SHA-256
- 6d6bd40010bc8026c1972e2649dd211e0ee0931e08a7d257c546478cf2f3612f
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