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IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

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IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

The IMF said Brazil’s stablecoin market has expanded rapidly since 2017, with cross-border crypto flows growing faster than traditional capital flows.

IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

IMF warns Brazil’s stablecoin activity outpaces traditional capital flows


Source:Cointelegraph

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Sourcehttps://cointelegraph.com/news/imf-brazil-stablecoin-activity-outpaces-traditional-capital-flows