Source: CoinDesk ↗
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
What the source reports
Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, even as dollar-linked stablecoins account for about 90% of Brazil's crypto transactions.
Read the original report on CoinDesk ↗Live market context
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