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Brazilian companies turned to stablecoins on election day to dodge a currency crash

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Brazilian companies turned to stablecoins on election day to dodge a currency crash

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.

Brazilian companies turned to stablecoins on election day to dodge a currency crash

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/10/27/brazilian-companies-turned-to-stablecoins-on-election-day-to-dodge-a-currency-crash