In 2023, Brazil’s revenue agency reported that Tether (USDT) accounted for 80% of all crypto transactions in the country. By mid-October, USDT transactions hit R$ 271 billion, or about $55 billion. Interestingly, this amount doubles Bitcoin’s transaction volume, which stands at R$ 151 billion or $30 billion. Stablecoins like USDT aim to hold a steady […]
Related Posts
Lula disagrees with Boric’s call for stronger condemnation of Russia
Brazilian President Luiz Inácio Lula da Silva has voiced disagreement with Chilean President Gabriel Boric’s appeal for increased condemnation of Russia by the European Union and Latin American nations, in relation to Russia’s ongoing military action in Ukraine. Da Silva articulated his stance by commenting on Boric’s view that any country could be a potential […]
Venezuelan and Guyanese Presidents Confront Today Border Dispute
Venezuela’s President Nicolás Maduro and Guyana’s President Irfaan Ali plan to meet today to discuss their border disagreement. The meeting is scheduled for Thursday in São Vicente and the Grenadines, set at 10 a.m. (11 a.m. Brasília time). However, controversy has emerged before the meeting. Guyana’s President Ali stated he won’t discuss the territorial Esequibo […]
Brazil’s Rising Star Shines in Under-17 World Cup
In Indonesia’s Under-17 World Cup, Brazil’s team, led by Estevão ‘Messinho’, triumphed with a 9-0 win over New Caledonia. Estevão, a rising star from Palmeiras, scored a remarkable goal and made three assists. This victory was crucial after Brazil’s initial defeat to Iran. Brazil needed a strong comeback to keep their advancement hopes alive. They […]