Crypto

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

Reported by CoinDesk · Published 28 Oct 2026, 12:59 AM MYT (48 min ago)

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.

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

Summary

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