Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
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....
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Bitcoin traded near $62,900 on Friday afternoon, down roughly 38% from its October 2025 all-time high, as Brent crude settled above $85 and the Strait of Hormuz remained effectively closed to normal commercial traffic. By early Saturday, it had recovered to around $63,900, then traded flat throughout the EU morning. The disputed waterway normally carries […]...
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