Stablecoins drive finance in Latin America

Source: Exame Original Title: Stablecoins Drive Finance in Latin America Original Link: Stablecoins are consolidating as a transformative factor in the recent history of the digital asset market in the country. They have moved beyond being just an alternative for investor protection and have begun to play a central role in Brazil's digital financial infrastructure.

These cryptocurrencies, backed by real assets such as the dollar, combine monetary stability and technological efficiency. In Brazil, this balance has found fertile ground. In a context of exchange rate variation, high interest rates, and the search for operational efficiency, companies, financial institutions, and users have adopted stablecoins as a tool for liquidity, store of value, and means of international payment. They have become the link between traditional money and the new digital economy, driving a silent yet profound transformation in the country's finances.

According to the Stablecoin Landscape in Latin America report by Bitso Business, the total volume processed by companies in stablecoins doubled in the first half of 2025. This is a clear indication of the strategic and growing use of these assets in business, whether to optimize international transfers, protect against market volatility, or manage treasury in more stable currencies.

The growing adoption of these currencies also reflects an expansion in the range of uses of crypto assets. Historically, the focus was on the more widespread uses, such as trading and the pursuit of short-term gains with volatile assets.

However, the market demonstrates a consistent long-term investment movement, in which assets like bitcoin are used by many as a means of value preservation and future appreciation. With the maturity of technology and the advancement of regulatory clarity, new functional uses of crypto and blockchain are emerging to make flows more efficient.

In the case of Brazil, stablecoins are increasingly being used as practical tools for financial management, allowing value preservation, reserve diversification, and facilitating international transactions with security and predictability. This movement highlights the evolution of the market, where the use of blockchain technology is no longer just a gamble but begins to integrate more structurally into everyday economic life.

In addition to direct applications in everyday life, stablecoins are driving the emergence of new business models and financial innovation. Collateralized lending platforms, automated payment services, instant exchange solutions, and real asset tokenization projects have been using stablecoins as a liquidity base.

Despite the evolution, the growth of stablecoins also poses regulatory and operational challenges. The expansion of use requires efficient supervision, interoperability between issuers and blockchains, and advancements in financial education to ensure the conscious and safe use of these assets.

Brazil today has a robust and secure blockchain ecosystem, aligned with global compliance standards. The legal framework for crypto-assets and the guidelines from the Central Bank and the CVM have increased the confidence of institutions and opened up space for banks and fintechs to explore stablecoins as instruments of innovation and efficiency.

The recent advances reflect Brazil's prominence in regulatory issues and the increasing normative clarity.

In recent weeks, the Central Bank and Federal Revenue published important regulations for the sector, but there are still points of concern, such as the BC's decision to classify payments and transfers with fiat-backed stablecoins as foreign exchange transactions. The specific regulation for stablecoins is also still under discussion.

Moreover, there is the challenge of financial and technological education, especially among companies and users who are starting to use crypto assets without fully understanding their backing mechanisms, risks, or potential liquidity limitations. The consolidation of stablecoins as a central instrument of the digital economy largely depends on a continuous process of digital and regulatory literacy that enables the conscious and sustainable use of these assets.

Looking to the future, the outlook for the stablecoin market in Brazil is largely positive. The expectation is that these coins will become even more integrated into the traditional financial system, establishing themselves as liquidity bridges for institutions and businesses.

The increasing interoperability and technological maturity could create a new layer of financial infrastructure, where liquidity will be global, instant, and decentralized, driving the efficiency of capital flows.

With their rapid consolidation and mass adoption in national crypto flows, stablecoins show that they are here to stay. More than a niche product, they have become a key piece of the digital economic infrastructure. They represent the bridge between the present and the future of money - a future in which borders, banking hours, and intermediaries cease to be limitations, and capital flows freely, securely, and transparently.