Markets· ★★★· neutral·

Dollar stablecoin market is over 2,000 times larger than Brazil's real-pegged market

  • —Tether's USDT stands at $183.2 billion and 60.93% market share; Circle's USDC at $73.6 billion
  • —BRLA, the largest real-pegged stablecoin, has a market cap of about R$163 million
  • —Bill PL 4.308/2024 would restrict trading of foreign-issued stablecoins in Brazil
  • —Stablecoins accounted for about 80% of crypto volume declared in Brazil in 2025, per Receita Federal
Why it matters: Dollar stablecoin dominance and Brazil's pending bill will shape who captures local demand for dollar exposure.
#USDT#USDC
Source: BeInCrypto BR
More on this
Markets · Oct 6
Brazil stablecoin trading volume tops R$2.33B after first election round
 Regulation · Oct 17
Brazil's CADE clears Coinbase, Visa, Mastercard, Shopify and Stripe stablecoin venture
 Regulation · Sep 30
Ripple expands in Brazil as Coinbase pushes back on stablecoin tax