Stablecoins in Brazil: growth, use cases and impact on the new digital economy
The use of stablecoins in Brazil has grown rapidly. Driven by inflation, currency devaluation and financial exclusion, the national landscape mirrors the broader trend in Latin America, now one of the world’s most dynamic crypto adoption regions. According to the “Latin America Crypto 2025” report from Dune, over US$ 415 billion in crypto value reached the region by mid-2024. Brazil plays a major role in that shift.
Stablecoins are now used to protect salaries, send remittances, make international payments and preserve purchasing power. In Argentina, they already account for more than 70% of crypto purchases. In Brazil, the growth is more diversified, with a strong presence of institutional players. Banks like Itaú and BTG Pactual now offer crypto investments, and more companies are using stablecoins to streamline operations.
How stablecoins are being used in Brazil
Stablecoins have become a strategic financial tool in Brazil, moving far beyond speculation. Both individuals and businesses use them for practical, everyday needs. Among the most common use cases are:
- protecting value from real currency depreciation;
- sending international payments faster and cheaper;
- receiving stable salaries and business payments;
- accessing decentralized finance protocols;
- safeguarding wealth during economic uncertainty.
These uses show a clear evolution in how digital assets are being adopted. Crypto is no longer just an investment trend, but a tool integrated into real financial behavior.
Stablecoins fuel the rise of exchanges and investment platforms
Stablecoins have also driven the rise of exchanges and new financial services. Between 2021 and 2024, the volume traded on Latin America’s leading exchanges surged from US$ 3 billion to US$ 27 billion, according to Dune. Brazil stands out in both volume and diversity of use.
USDT and USDC now represent nearly 90% of all crypto volume on exchanges in the region. This dominance reflects the public’s preference for stable, regulated and globally liquid assets. In this context, companies offering easy access to tokenized financial tools are gaining momentum.
One of them is Speck, an investment platform for tokenized assets focused on emerging markets. It provides users with global access to this new asset class, offering simplicity, security and a smooth user experience.
Latin America’s financial future will be built on stablecoins
Latin America is building a crypto-enabled financial infrastructure that is regulated, functional and integrated with real economic activity. Brazil is leading the way, combining institutional innovation with a mature and growing user base. Stablecoins are at the center of this transition, bridging traditional finance and web3.
If your company is looking to use stablecoins strategically or build a product that depends on them, talk to Khiza. We help founders and businesses design robust, trustworthy and future-ready solutions tailored for Latin America’s evolving financial landscape.
