Source: CoinDesk ↗

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

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What the source reports

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.

Read the original report on CoinDesk ↗

Live market context

Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.

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