Brazilian companies turned to stablecoins on election day to dodge a currency crash

Image: CoinDesk
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.
Read the full story on CoinDeskBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinDesk.






