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Crypto / General

Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments

Source: coinDesk July 18, 2026 · 09:09
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Photo by Pixabay · Pexels
From the publisher
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.
About the source

CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

Wikipedia
Wikidata Q18348227
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About Brazil

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Capital
Brasilia
Region
Latin America & Caribbean
Income level
Upper middle income
ISO code
BRA
Data: World Bank
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